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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, October 16, 2024
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.
A gauge of global food commodity prices fell again in June, led by declines in the cost of grains and vegetable oils, and is now more than 23% off the March 2022 peak that followed Russia’s invasion of Ukraine.
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.
Senate Minority Leader Mitch McConnell is warning that funding for a new farm bill is likely to be tight in the wake of last month’s debt ceiling agreement.
Renewable diesel isn’t just the hottest biofuel on the market, it also is swiping a significant slice of corn ethanol’s share of the Renewable Fuel Standard, according to EPA.