Items Tagged with 'glenn thompson'

Farm Credit lenders are asking Congress in the upcoming farm bill to expand their authority to rural community facilities and fisheries projects, but some community bankers are worried the changes will siphon away their business.

The House is expected to clear a bill this week aimed at ending port bottlenecks and also pass a package of measures that Democrats claim will help bring food, fertilizer and fuel prices under control.

Ballooning cost estimates for the Supplemental Nutrition Assistance Program are likely to paint a bigger target on the farm bill’s nutrition title heading when lawmakers start drafting the bill in the next Congress.

The top Republican on the House Agriculture Committee accused the Biden administration on Tuesday of keeping lawmakers in the dark on plans for a new $1 billion climate program.

Multiple breakdowns in how goods are transported across the country and around the globe are worsening crises in a food and agriculture sector that is already bleeding profits and customers, according to witnesses at a House hearing Wednesday.

The huge budget reconciliation bill that Democrats are trying to agree on would reshape a large section of the farm bill ahead of schedule, angering farm-state Republicans who fear it will be difficult to alter the dramatically increased spending allocations for conservation programs.

The House Agriculture Committee debated $66 billion in new spending for agricultural research, renewable energy and forestry over strenuous objections of Republicans, who used the deliberations to highlight President Joe Biden’s proposal to increase taxes on inherited assets.

The beef industry will face scrutiny this week from senators who are under pressure to curb the pricing power of big meatpackers, while the full Senate is nearing a vote on a bill to accelerate the development of ag carbon markets.

House Agriculture Committee Chairman David Scott says he’ll be working with Republicans on a landmark bill to help Black farmers, following on the debt relief that was part of the new stimulus package.

U.S. farmers, ranchers, foresters and food companies are leaning in on the climate policy debate more than ever before, even as many questions remain about how to achieve measurable and practical solutions that can reduce greenhouse gas emissions.