More than 20 lawmakers have written Ag Secretary Brooke Rollins, warning the plan could go sideways for farmers. They argue Congress was left in the dark and warn any future moves out of the Beltway would be a mistake.
The group of 23 lawmakers who wrote USDA leadership were all democrats, but some Republicans, like Iowa Senator Chuck Grassley, also took issue with the roll out. He says that USDA only came to the table after the fact, leaving lawmakers little time to digest the information.
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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.
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.
“It, all of a sudden, says that tracking and fighting hunger is not a priority, apparently, at the federal level.”
In a final rule published in the Federal Register, the Department states that it will no longer base wage rates on the Farm Labor Survey.
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.