Largely through the bipartisan efforts of the House and Senate Ag Committees' leadership, crop insurance cuts in the two-year budget agreement will be spared with an alternative offset to be developed.
As we reported on 27 October, the two-year bipartisan budget agreement negotiated between the White House and congressional leadership had a $3 billion proposed cut to crop insurance spending. Largely through the efforts of House Ag Committee Chairman Michael Conaway (R-TX) and Ranking Member Collin Peterson (D-MN) as well as those of Senate Ag Committee Chairman Pat Roberts (R-KS) and Ranking Member Debbie Stabenow (D- MI), crop insurance will be spared when the final bill is considered and an alternative offset is developed.Conaway state...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
