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Shining Light on Farm & Food Policy for 20 Years.
Saturday, August 10, 2024
Farmers continue to show interest in carbon markets, but they expect to see some payments from them, according to our exclusive Agri-Pulse poll of U.S. producers.
Former President Donald Trump ran up his historic margin in the Iowa caucuses by maintaining his dominance with rural voters despite his challengers’ pledges to expand biofuel usage and roll back the Biden administration’s regulatory agenda.
Farmers and ranchers would like to see increased crop insurance subsidies and commodity price supports in the new farm bill, and a strong majority support cutting the Supplemental Nutrition Assistance Program, according to an exclusive Agri-Pulse producer poll.
A bipartisan deal between leaders of the House and Senate tax-writing committees would raise limits on the Section 179 expensing provision that is popular with farmers, and the agreement also would restore a bonus depreciation provision to 100%.
On to New Hampshire. Former President Donald Trump was the runaway winner of the Iowa Republican caucuses yesterday evening, demonstrating he maintains a strong hold on Republicans in that state and in rural areas particularly.
Congressional leaders announced agreement Sunday on a new stopgap funding bill that would keep the government funded until March 1 for some departments and agencies, including USDA, and to March 8 for the rest.
A senior Republican on the House Ag Committee, Arkansas Rep. Rick Crawford, says little legislatively is likely to get done this year after March, given the political calendar.
Grocery prices rose just 0.1% in December for the second month in a row and are up 1.3% year over year as food inflation continues to moderate, according to the latest Consumer Price Index.