A recent Congressional Budget Office (CBO) report estimated the House Ag Committee’s farm bill proposal is 33 billion dollars over budget. However, Senate Agriculture Committee Ranking Member John Boozman (R-Ark.) says CBO didn’t give enough consideration to the House bill’s use of USDA’s Commodity Credit Corporation (CCC) funds. “Well, what they’re trying to do in the House is use some …
CBO Says House Farm Bill Cost Will Raise Deficit
The Congressional Budget Office released an official cost estimate of the House Ag Committee’s farm bill and said it’s $33 billion over budget and fails to pay for a large increase in crop subsidies. House Ag Chair GT Thompson says if the CBO doesn’t change its mind, he’ll rely instead on the House Budget Committee to overrule the CBO. The …
Consequences of No New Farm Bill
The farm bill is already a year late, the stakes are high, and time is running out. The American Farm Bureau Federation (AFBF) released its Market Intel Analysis of the consequences of not finishing the legislation and adding another extension of the 2018 bill. While crop insurance is a permanent program, it does need improvements to make it more affordable …
Despite Progress, Farm Bill Passage Still Unlikely
There’s been recent progress toward a 2024 Farm Bill, but is it fast enough? Farm Policy News from the University of Illinois says lawmakers have hinted that passage of a full farm bill this year is growing more unlikely. Another extension of the 2018 Farm Bill remains the most likely outcome before the end of the current extension in September. …
Year-End Farm Bill Last Hope for 118th Congress?
A year-end farm bill seems to be the last best hope for producers before lawmakers have to face the reality they’ll have to punt the effort into a new year and a new Congress. Both parties have put their farm bill cards on the table, and House Ag advanced its bill, but no further action is scheduled yet on either …
Farm Bill Priorities Discussed at World Pork Expo
The 2024 World Pork Expo kicked off today in Des Moines, Iowa, and one of the events this morning was a policy panel discussion hosted by the National Pork Producers Council (NPPC). Producer-leaders and experts discussed the need to work with both sides of the aisle to support America’s pork producers as the farm bill is being discussed. Preparing for and preventing foreign animal diseases, navigating …
Farm Bill Advances After House Ag Approval
The proposed farm bill is moving forward in the House. The House Agriculture Committee approved its version of the farm bill, H.R. 8467 Farm, Food and National Security Act of 2024, after several hours of debate that began Thursday morning. Agricultural groups are applauding several of the items included in the bill. Listen to the story: Ag Groups Respond to …
Many Praise Work Done on 2024 Farm Bill
After the recent introduction of the Farm, Food, and National Security Act of 2024 (2024 Farm Bill), various industry and stakeholder groups from across the country have come out in support of the legislation. Here are just a few of the quotes offering praise and support for the bill. “The National Cotton Council applauds House Agriculture Committee Chairman Glenn “G.T.” Thompson …
Conservatives Push Back on Democratic Attacks on Farm Bill
House Ag Chair GT Thompson is pushing back against Democrats’ attacks on his farm bill proposal, set for committee markup this Thursday. Thompson argues his newly named Farm, Food, and National Security Act is bipartisan, despite top House and Senate Ag Democrats multiple claims it isn’t. Sponsored ContentNuseed Carinata Covers New GroundAugust 29, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag …
Lobbying for the Farm Bill Tops $500 Million
A new report from The Hill says that pharmaceutical, manufacturing, and agriculture interests have combined to spend over $400 million lobbying Congress on a new farm bill. The Union for Concerned Scientists says that’s more than four times the amount of money spent by the public sector and civil society. The report also found that between 2019 and 2023, giant …