January 24, 2020

Farm Bill; Ag Economy; Biofuels; Regulations; and, Immigration

Farm Bill- Policy Issues

Chris Clayton reported yesterday at the DTN Ag Policy Blog that, “The Senate Agriculture Committee hasn’t announced a date yet to mark up the farm bill, but Sen. Chuck Grassley told reporters Tuesday morning the committee will meet next week.

“Responding to a question about a mark-up session next week, Grassley, a Republican from Iowa, said, ‘That’s what I’ve heard and that’s what we’ll be ready for.’

“Grassley said most issues moving into the mark up have been resolved outside of the commodity title. ‘I’d say it’s the only title that’s not settled at this point. There’s pretty much agreement on the rest of the bill.’”

Mr. Clayton pointed out that, “Grassley acknowledged there would be attempts to reduce crop-insurance subsidies, but he said he didn’t think those would succeed. Grassley said 92% of farmers buy crop insurance. Attempts to limit it would reduce participation and lead to more payments for disaster programs.”

The DTN update added that, “Republicans are going to pursue more cuts in the Supplemental Nutrition Assistance Program. Sen. John Thune, R-S.D., a member of the committee, has introduced a bill meant to reduce SNAP, — formerly called food stamps — by $30 billion over 10 years.”