December 10, 2019

Policy Issues; Ag Economy; Biofuels; Climate Issues; Food Security; Financial Regulation; and Political Notes

Farm Bill- House Ag Committee Hearings

Ron Smith reported yesterday at the Southwest Farm Press Online that, “Brazil and the World Trade Organization are dealing with a situation that bears little resemblance to real world conditions in the cotton market, Collin Peterson, chairman of the House Ag Committee, said during a farm bill field hearing Monday in Lubbock.

“Peterson, commenting on the negotiations currently underway with Brazil to prevent retaliatory measures allowed by the WTO ruling against the U.S. Cotton program, said the issue is based on situations that existed under previous farm bills. ‘It’s about past history,’ he said. ‘Brazil is suing you over past history.’”