Feelings on the CCC spending depends on who is in office

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
With the Farm Bill now in the Senate’s hands, industry groups say the stakes are high—and timely action could be critical for producers navigating a difficult economic environment.
Domestic demand policy may play a larger role if export competition continues to limit price recovery.
Paul Neiffer joined us to explain how USDA’s base acre expansion will be calculated, outline key deadlines for farmers, and discuss how the changes tie into farm program decisions and the broader Farm Bill outlook.
Expanded export financing could provide greater support for ag sales abroad if buyers and lenders use the additional tools.
Kansas Congressman Derek Schmidt joins us to discuss House passage of the Farm Bill, its potential impact on farm profitability and stability, key policy compromises, and the outlook for Senate consideration.

LATEST STORIES BY THIS AUTHOR:

U.S. Wheat Associates is expanding into global fish feed markets, with early gains in South America and new opportunities emerging in Ecuador’s shrimp industry.
Dr. Jeffrey Gold discusses the recent hantavirus outbreak linked to a South American cruise ship and Nebraska’s monitoring efforts on this week’s Rural Health Matters.
Andy Tauer from the National Pork Board discusses efforts to boost pork demand and how the industry is responding to trade restrictions related to pseudorabies.
Dr. Robert Ellis joins us to discuss economic challenges in agriculture, available resources for farmers, and ways producers can evaluate practices to strengthen their operations.
While there is no guarantee a House vote will happen today, the measure has officially been placed on the congressional calendar.
President Trump and Treasury Secretary Scott Bessent are expected to discuss commodities, trade and regional stability during meetings in Asia.