The Senate today passed its version of the farm bill by a vote of 65-34. The following is a description of the bill and a list of amendments and how they were disposed. Commodity Title The Senate farm bill would repeal most current agricultural price and income support programs while authorizing a newly designed revenue protection program called the Ag Risk Coverage (ARC). Under the proposal, the Congressional Budget Office (CBO) estimates that federal spending on commodity programs over the 2013-22 period would total $43.2 billion, or $19.8 billion less than expected if current law were continued.Commodity programs phased out would include:
Direct payments made to producers based on historical acres and yields using fixed payment r...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
