Grassley: No Trade Aid for Smithfield Foods

When it comes to just who is eligible for trade aid, Iowa Senator Chuck Grassley said Smithfield Foods shouldn’t be one of the companies which are eligible help. Smithfield is owned by Chinese conglomerate WH Group. Grassley took to Twitter and says, “Smithfield seems to be in a ‘can’t-lose’ situation thanks to American taxpayers.” A spokesman for the Iowa Republican, …

Less Likely to Get Farm Bill Done in Time

Getting a September farm bill in time to replace expiring law appears less likely as difficult House-Senate negotiations will now stretch into the final week of the month. Iowa Senator Joni Ernst, a farm bill conference committee member, says in an Omaha World-Herald editorial, House-Senate negotiators are now “running into problems” hashing out differences over farm subsidies, conservation support, and …

Section 199A Fix Is Coming

A DTN report says Congress may be close to replacing the Section 199A language in the new tax law that curbs the advantages of farmers who sell their products to cooperatives rather than private companies. Iowa Senator Chuck Grassley says a possible fix would give farmer cooperatives the same tax benefits they had under the old Section 199A, known as …

Cruz Hold on Northey Continues

Iowa Senator Chuck Grassley this week attempted to move forward the nomination of Bill Northey to a top Department of Agriculture post, but was again blocked by Texas Senator Ted Cruz. Grassley sought unanimous consent from his Senate colleagues on the chamber floor Wednesday. However, Cruz objected, further delaying Northey’s confirmation. Cruz has blocked the vote to confirm Northey as …