Earlier this year, the Government Accountability Office ruled Ag Secretary Tom Vilsack could use the Commodity Credit Corporation to fund climate programs, but some lawmakers wanted to limit his authority on using it.
The 2024 Ag Spending Bill held a provision to roll back Secretary Vilsack’s CCC spending authority. That move failed on the House floor, and the Senate bill did not even include it. However, Senator John Hoeven with the Senate Ag Appropriations Subcommittee says feelings around CCC spending largely depend on who is in office.
Spending restrictions were put in place after the 2010 Congressional campaign, but were lifted in 2018 to compensate farmers for the trade war with China and the pandemic.
Related Stories
StoneX analyst Josh Linville says global supply risks and continued dependence on imported urea are keeping fertilizer markets on edge.
CECU President and CEO Jason Altmire discusses rural workforce shortages, technical skills, and why hands-on labor remains critical despite AI growth.
Senate Majority Leader John Thune says senators are trying to align the E15 effort with broader Farm Bill negotiations as producers continue grappling with weak farm income and elevated costs.
USDA says federal biofuel policy and growing renewable diesel capacity are increasing demand for feedstocks.
USDA says growing soybean output and expanding biofuel demand are helping drive the increase.
Changes to several Risk Management Agency programs are set to begin with the 2027 crop year.
