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
Trucking industry expert Lewie Pugh joins us to discuss rising diesel costs, challenges facing independent truckers, and the broader impact on agriculture and rural transportation.
The White House is reportedly moving forward with beef import tariff reductions as officials look to lower food costs for consumers.
RealAg Radio host Shaun Haney joins us to discuss the latest developments surrounding the Trump/Xi summit, what the negotiations could mean for U.S. agriculture, and
trade enforcement concerns.
trade enforcement concerns.
Huma Chief Sales and Marketing Officer Fred Nichols joins us to discuss rising interest in carbon-based products, soil health strategies, and fertilizer cost concerns.
Current estimates indicate the federal government could be forced to return more than $150 billion to importers.
Farmers are closely watching upcoming U.S.-China trade talks as rising fertilizer and diesel costs continue to pressure exports, margins, and rural economies.
