February 21, 2020

Farm Bill; Ag Economy; and Senate Procedural Issue

Farm Bill Issues

DTN Political Correspondent Jerry Hagstrom reported on Friday morning that, “While farm and other interest groups are continuing to press their cases, the chairmen and ranking members of the House and Senate agriculture committees are scheduled to send the super committee in charge of deficit reduction a letter today [Friday] stating they will support a reduction of $23 billion in farm-bill spending over 10 years in exchange for changing farm programs within the bill that the committee is supposed to produce, a key Senate source told DTN.

“Another Senate source said that while the letter is scheduled to be sent, the four leaders — Senate Agriculture Committee Chairman Debbie Stabenow, D-Mich., Senate Agriculture ranking member Pat Roberts, R-Kan., House Agriculture Committee Chairman Frank Lucas, R-Okla., and House Agriculture Committee ranking member Collin Peterson, D-Minn. — had not yet agreed to a final number.

“Roberts confirmed the $23 billion figure the Associated Press reported Thursday.”