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Shining Light on Farm & Food Policy for 20 Years.
Monday, March 10, 2025
This week’s Open Mic Guest is Sen. John Boozman, R-Ark. Few events in history have been as challenging as the COVID-19 pandemic. Agriculture makes up one-fourth of Arkansas’ GDP and has hit the state’s rural economy especially hard. As a member of both the Agriculture and Appropriations Committees in the Senate, Boozman approves of additional funds to support the industry but is keeping an eye on the additional financial burden. He supports the Agriculture Department and Secretary Sonny Perdue’s guidelines for dispersing CFAP funds, is in favor of increased annual limits for the Commodity Credit Corporation, and believes the silver lining of the pandemic may be heightened efforts to improve rural broadband service.
This week’s Open Mic guest is Chris Abbott, CEO of Pivot Bio. The California company was formed 15 years ago with a premise of using soil microbes to utilize naturally occurring nitrogen to sustainably feed plants and replace synthetic fertilizers. After going commercial five years ago, the company continues to grow the number of farmers and acres utilizing their gene edited products. Abbott sees a bright future for growth in the use of soil microbes to increase productivity, reduce nutrient costs and boost producer sustainability.
This week’s guest on Open Mic is U.S. Representative John Garamendi. California's 8th district Democrat is a strong advocate for agriculture, nutrition programs and global humanitarian aid. As a member of the Agriculture Research Caucus, Garamendi believes DOGE cuts in government employees and spending cuts will lead to ill fated consequences for farmers in the form of crop and livestock disease research and readiness as well as dramatic cuts to food and medical aid for those in impoverished areas of the world. Garamendi sees little chance the California legislature will make changes to Prop 12, leaving that responsibility to Washington and perhaps a new farm bill.
This week’s Open Mic guest is Kurt Coffey, Vice-President, Case IH North America. Reduced farm income has resulted in lower volume sales of large agriculture equipment in the nation. Coffey expects some improvement if USDA releases disaster and economic assistance funds approved in the continuing resolution in the latter hours of the 118th Congress. Coffey says artificial intelligence is helping in machine repairs as well as more efficient field operations. Case-IH supports farmer repairs to their machines. Coffey says proposed tariffs on Canadian imports as well as tariffs on steel could impact their operating margins in the year ahead.
This week’s Open Mic guest is U.S. Agriculture Secretary Brooke Rollins. Less than 24 hours after being sworn in as the 33rd lead of the Department of Agriculture in Washington, Brooke Rollins found herself in Louisville, Kentucky being introduced in Freedom Hall at the Championship Tractor Pull. A native of the small town of Glen Rose, Texas, her career path led to the White House in President Trump’s first term and now as a member of the Trump Cabinet. Speaking on the sidelines of her first event outside the Beltway as Secretary, Rollins shared thoughts on building her team at USDA, working with other cabinet members and how downsizing government may impact the work of the USDA.
This week’s Open Mic guest is Jeffery Hall, Board Chairman and CEO of the Farm Credit Administration and the longest serving member of the current FCA board. Hall reports system debt at the end of 2024 at just over $448 billion dollars - just shy of an 8% increase from the end of 2023. Since the beginning of 2020, system debt outstanding has grown over 52%. The FCA has seen a dramatic downturn in the number of institutions and farmers since the farm crisis of the 1980’s, but the amount of debt continues to climb. He discusses softer farmland values in some areas, the interest rate environment, and future areas of focus for the FCA.
