January 23, 2020

Farm Bill; Ag Economy; Wheat; Regs; Immigration; and, the Budget

Farm Bill

DTN Ag Policy Editor Chris Clayton reported yesterday (link requires subscription) that, “In a strong showing of support, the U.S. Senate voted 75-22 on Thursday morning to close off debate on amendments to the farm bill and move ahead to final debate on the legislation and one more vote likely on Monday to send the bill to the House.

“Thursday’s cloture vote allowed leaders of the Senate Agriculture Committee to avoid other possible changes to the legislation and broke the gridlock over just how many amendments warranted debate. Twenty-two Republicans joined 53 Democrats in voting for the bill. All 22 votes opposing the cloture vote were Republicans.”

Mr. Clayton noted that, “The Senate bill would also tie conservation compliance to eligibility for crop-insurance premium subsidies. Following an amendment to the bill, people with more than $750,000 adjusted gross income would see their crop-insurance premium subsidies capped as well.”