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
Mike Steenhoek with the Soy Transportation Coalition discusses supply chain disruptions, rising costs, and the potential impact on agriculture as farmers navigate ongoing global uncertainty.
The action follows the March 13 ruling by the U.S. Court of Appeals for the Ninth Circuit, which upheld a district court decision denying a preliminary injunction that sought to halt the exchange.
American Soybean Association President Scott Metzger discusses his recent testimony before the Senate Ag Committee, key priorities for soy growers, and his outlook for farmers into spring planting.
House ag leaders had hoped to get the Farm Bill voted on by Easter, but no dates have been secured just yet.
Debt pressures could reshape farm policy and credit.
Farm CPA Paul Nieffer explains the Farmer Bridge Assistance payment limits, provides clarity on new legislation, and offers advice for producers considering business structure adjustments.