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Shining Light on Farm & Food Policy for 20 Years.
Saturday, August 17, 2024
Moscow seems intent on letting the Black Sea Grain Initiative expire this coming Monday, but the United Nations is equally resolved to preserve the deal and prevent food prices from rising in some of the poorest nations.
Senate Agriculture Committee Chair Debbie Stabenow is planning to hold a committee hearing on foreign land ownership at some point this Congress, though she is still unsure of when, she told reporters Monday.
The Senate is expected to approve a new deputy secretary for USDA this week as lawmakers return from their July 4 break facing a backlog of fiscal 2024 spending bills heading into the August recess.
The drought that continues in much of the Midwest despite recent rainfall could affect not only crops but also the ability of producers to get their corn and soybeans to foreign markets.
The House and Senate Agriculture Committees are still several months away from voting on a new farm bill, but the major issues in each of the 12 titles are coming into focus even as lawmakers continue offering new proposals they’d like to see included. Here is a summary of the issues in play as well as notable proposals lawmakers would like to see included in the bill.
Russia’s threat to pull out of the Black Sea Grain Initiative continues to threaten global supplies of wheat and corn, but China would be one of the biggest losers would be China if that happens.