January 18, 2020

Farm Bill; Budget; RFS; EPA; and, the Ag Economy

Farm Bill Issues

Reuters news reported late last week that, “On the same day a bipartisan bloc of senators called for speedy passage of the long-overdue U.S. farm bill, House and Senate negotiators blamed each other for a stalemate on how to cut crop subsidy spending by one-third.

“Agriculture Secretary Tom Vilsack, meanwhile, warned that there was no alternative to enacting a new five-year law, such as passing a temporary extension.”

The article noted that, “Negotiators are deadlocked on the size of potential cuts in food stamps for the poor, the largest U.S. anti-hunger program and the bulk of USDA’s spending.

“All the same, an agreement on crop subsidies is the linchpin to passing the farm bill.”