Wall Street Journal writers Jesse Newman, Heather Haddon and Siobhan Hughes reported on Thursday that, "The House on Thursday narrowly passed a Republican-written bill that reauthorizes farm programs while also imposing controversial new work requirements on food-stamp recipients, acting on legislation that is important to a critical GOP constituency before the midterm elections. The bill passed on a 213-211 vote."
Last week, the U.S. Department of Agriculture's Economic Research Service (ERS) released a timely report regarding farm policy titled, "Federal Risk Management Tools for Agricultural Producers: An Overview." Today's post recaps highlights from the ERS report.
Associated Press writer Andrew Taylor reported on Wednesday that, "A Senate panel approved a modest, bipartisan rewrite of federal farm and nutrition programs on Wednesday, sidestepping a fight for now but setting up a clash with House Republicans intent on beefing up work requirements for food stamps."
DTN Ag Policy Editor Chris Clayton reported on Friday that, "The farm bill that will be taken up by the Senate Agriculture Committee next week will look a lot like the current farm bill with some tweaks to commodity and conservation programs, but no radical changes from current law."
Earlier this month, the Congressional Research Service (CRS) released a report titled, "Federal Crop Insurance: Program Overview for the 115th Congress." Today's update focuses on key highlights from the CRS report.
House Agriculture Committee Chairman Mike Conaway (R., Tex.) was a guest on Wednesday's "Adams on Agriculture" radio program with Mike Adams. After failing to pass on the House floor Friday due to a tussle over immigration, Chairman Conaway discussed Farm Bill issues going forward in anticipation of the House voting again on the measure.
Siobhan Hughes and Jesse Newman reported on the front page of Saturday's Wall Street Journal that, "The House defeated a Republican-written farm bill on Friday after GOP leaders couldn’t win over a bloc of their party’s most conservative lawmakers, who were demanding a separate vote soon on a measure to toughen immigration enforcement."
As the House of Representatives works on passing its version of the Farm Bill this week, a report yesterday from the Kansas City Fed noted that, "bankers in the Tenth Federal Reserve District reported lower farm income and credit conditions for the fifth straight year." Meanwhile, a recent Wall Street Journal article pointed out that ongoing drought conditions in the southern Great Plains "could punish the agricultural sector, affecting everything from cotton to cattle to farming-equipment sales." Today's update looks briefly at these reports regarding the agricultural economy as well as recent articles highlighting House Farm Bill developments.
House Ag Committee Ranking Member Collin Peterson (D., Minn.) was a guest on Wednesday's “Adams on Agriculture” radio show with Mike Adams. Rep. Peterson provided his perspective on the status of Farm Bill legislation that was approved by the Committee last month.
House Ag Committee Chairman Mike Conaway was a guest on Thursday's "Adams on Agriculture" radio show with Mike Adams. The Texas Republican provided his perspective on the status of Farm Bill legislation that was approved by the Committee earlier this month.