February 29, 2020

Farm Bill; Ag Economy; Biofuels; Budget; CFTC; and, Water Measure

Farm Bill

David Rogers reported yesterday at Politico that, “Farm bill talks intensified Wednesday night even as a new report showed that food stamp expenditures are already beginning to fall as a share of the economy — a downward decline that’s expected to accelerate over the next five years.

“Further cuts from food stamps are a major dividing point in the farm bill negotiations now, but there is growing pressure to try to reach a deal in the next few days on both the nutrition and commodity titles.

“The top four members of the House and Senate Agriculture Committees met for almost 90 minutes Wednesday evening behind closed doors with staff. Further discussions are expected Thursday morning, and House Chairman Frank Lucas (R-Okla.) held out the possibility of more meetings Friday depending on what progress is being made.”