January 28, 2020

Farm Bill; Tax Extenders; Ag Economy; Immigration; and, Political Notes

Farm Bill- Policy Issues

A recent update at reported that, “Members of the Federal Senate, the Upper House of the National Congress of Brazil, have sought strong measures against the protectionism of cotton producers, adopted by the US Government under its new Farm Act, according to the senators who participated in a joint public hearing on the issue at the Committees on Agriculture and Agrarian Reform and on External Relations and National Defense.

The new Farm Act, with wider subsidies, assures revenues to the American cotton producer even if nothing is produced, the senators said, according to the information on Federal Senate website.

“At the meeting, Senator Ricardo Ferraco said, ‘The new American farm act is, in a rather disguised way, trying to violate a competitive international trade.’”