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Shining Light on Farm & Food Policy for 20 Years.
Friday, August 09, 2024
Senate Majority Leader Chuck Schumer, D-N.Y., is challenging Republican colleagues to vote for a House-passed tax bill that includes an expansion of the child tax credit and improvements in expensing provisions that are popular with farmers.
Producers of biodiesel and renewable diesel who say federal biofuel mandates have not been enough to expand their markets sufficiently face a new challenge at the end of the year — the expiration of a $1-a-gallon tax subsidy that has helped maintain the industry for several years.
The average dairy herd has grown by about 150% over the past two decades, according to a study by USDA’s Economic Research Service that also confirms the growing significance of Texas and Idaho in dairy production.
USDA is increasing premium subsidies for the Enhanced Coverage Option, a crop insurance product that provides high levels of area-based yield or revenue coverage.
The Senate Appropriations Committee looks to advance the rest of its fiscal 2025 spending bills, including measures that fund federal water resource agencies and the Labor Department, ahead of the long August recess.
Vice President Kamala Harris, now the presumptive Democratic presidential nominee, has a decidedly mixed record when it comes to agriculture in her home state of California, the nation’s No. 1 state by far in agricultural production.
Republicans left the GOP convention expressing fresh optimism that they could make significant gains in the Senate in November, but President Joe Biden’s decision to end his re-election effort has injected new uncertainty into swing-state races.
More than 500 national, state and local organizations are urging congressional leaders to find a way to pass a farm bill yet this year, despite the lack of legislative time left in this Congress.