Farm Bill

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USDA is awarding commodity groups the first $300 million in trade promotion grants under a $1.2 billion initiative known as the Regional Agricultural Promotion Program and funded through the department’s Commodity Credit Corporation spending authority.

Republicans on the House Agriculture Committee are set to push their farm bill through the panel this with week, but the big question is whether they will have the Democratic support they would need to give the mammoth legislation some momentum heading to the House floor.

Republicans on the House Agriculture Committee are proposing to spend more than $50 billion to shore up commodity programs and crop insurance, including a reference price increase of nearly 20% for soybean producers. But Republicans are relying on help from the chairman of the House Budget Committee in covering the cost of the increased subsidies, according to committee aides.