The U.S. Grain Standards Act is up for reauthorization. Ag leaders from across the industry stepped away from the fields this week to explain to lawmakers the importance of re-upping this legislation.
The American Soybean Association says authorizing this bill will help remove some uncertainty.
“Uncertainty is kind of a way of life in agriculture when you depend on the weather, but we try to do everything we can to remove as much uncertainty as we can, and we also understand those are the same priorities for our international buyers. Anytime you buy anything from a shirt to a car to a cargo of soybeans, you want to know what you’re paying and what you’re getting for it, and if you know both of those things, I think you have a very good relationship. These rules are imperative to the continuation of our good relationships abroad,” said Brandon Wipf.
The U.S. Grain Standards Act sets official marketing standards and inspection rules for crops like corn and soybeans. The House Ag Committee already passed its version. Chair GT Thompson says it is critical because farmers cannot afford to waste a dime.
Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
October 03, 2025 01:04 PM
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Farm CPA Paul Neiffer joins us to provide an updated analysis of projected ARC and PLC payments and potential delays due to the ongoing government shutdown.
October 03, 2025 11:02 AM
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“It, all of a sudden, says that tracking and fighting hunger is not a priority, apparently, at the federal level.”
October 02, 2025 01:22 PM
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Colin Reilly with Connected Nation joined RFD-TV News to explain how the tool works and why it’s an important step in bridging the digital divide.
October 02, 2025 12:32 PM
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Farmers are in the midst of harvest as the government descends into a shutdown and the Farm Bill expires. Key federal departments, crop reporting, and aid programs important to the agricultural sector are now on hold.
October 02, 2025 10:54 AM
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Trump’s upcoming talks raise hopes for U.S. soybeans, but China’s record purchases from Brazil and Argentina show America’s market share remains under heavy pressure.
October 02, 2025 10:27 AM
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