FarmPolicy

October 18, 2018

TPA

The Des Moines Register editorial board noted yesterday that, “The run-up in corn prices as a result of ethanol production means there’s less immediate need for crop subsidies. But there’s even more need for conservation funding, because increased crop production for energy will intensify pressure to farm marginal land. And there are new demands for research dollars to determine how best to grow, harvest and transport energy crops. A farm bill that’s about the future would funnel increased funding to those needs…So what happened when a House agriculture subcommittee voted on crop subsidies earlier this month? Members ducked the opportunity to lead – and voted unanimously to keep things the same.”

I. TPA
II. Generalized System of Preferences (GSP)
III. Food Aid
IV. Food Safety, Imports
V. Farm Bill

I. TPA

Ian Swanson and Brittney Moraski reported on Friday at The Hill that, “The Bush administration yesterday formally asked House Ways and Means Committee Chairman Charles Rangel (D-N.Y.) to renew the president’s authority to negotiate trade deals, days before the current authority expires.

“In a letter to Rangel, U.S. Trade Representative Susan Schwab warned that the U.S. would be ‘on the sidelines’ without an extension of trade promotion authority (TPA), which expires Saturday.

“Without the authority, the administration still can negotiate trade deals, but Congress can amend them.”

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