January 27, 2020

Farm Bill; Trade; Ag Economy; Regulations; Animal Ag; and CFTC

Farm Bill Issues- Focus on House Appropriations and Budget Considerations

DTN Political Correspondent Jerry Hagstrom reported yesterday that, “A fiscal year 2012 funding bill approved Tuesday by the House Agriculture Appropriations Subcommittee would not cut the crop insurance program as the initial draft seemed to indicate, but many other agriculture, nutrition and international food aid programs would lose money. The Commodity Futures Trading Commission would not get the funding it was expecting to enforce the Dodd-Frank financial services bill, and USDA could not move forward with a proposed rule change for the program regulating the marketing of livestock and poultry.

“The committee approved the bill on a voice vote, but the Democrats, who are in the minority, voted no. House Agriculture Appropriations Subcommittee Chairman Jack Kingston, R-Ga., noted that the subcommittee had gotten a $17.25 billion budget allocation and had used exactly that amount.”