All eyes are on Washington, DC, and what will happen with President Trump’s “Big, Beautiful Bill.”
The National Cattlemen’s Beef Association says they are eager to get the budget settled. They are asking Congress to pick up the pace and pass the House reconciliation package. NCBA says the House plan holds crucial tax relief efforts that will allow ranchers to keep more money, while also ramping up protections against foreign animal diseases.
The organization hopes Congress will send the bill to the President’s desk as soon as possible.
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Slower exports and stronger foreign competition are weighing on the U.S. pork sector.
AFBF Deputy Chief Economist Dr. Faith Parum says Title I commodity payment rates are expected in November. Producers should watch for USDA application details and contact local FSA offices.
Both versions would set a minimum for program funds used to buy American commodities.
The proposed deal would combine nearly half of U.S. rail traffic under one railroad.