January 20, 2020

Farm Bill; Ag Economy; Biofuels; Farm Labor Issue; and Trade

Farm Bill: Brazil Cotton-Trade Issue

Bartholomew Sullivan reported late last week at The Commercial Appeal Online (Memphis, Tenn.) that, “Major hits to the domestic cotton program were averted Thursday when efforts to scale back countercyclical payments, ban cotton storage payments and means-test farm subsidy recipients failed in a series of congressional votes.

But a major element of the compromise forged with Brazil last year to settle an eight-year-old World Trade Organization case against U.S. cotton was eliminated in another vote.”