The House Rules Committee held a rare overnight hearing, beginning at 1:00 AM this morning, and it is still going on. They are debating President Trump’s “Big, Beautiful Bill.”
House Ag Committee leadership was there, with Chair GT Thompson explaining cost savings in his budget.
“The Agriculture Committee was tasked with $230 billion in net deficit reduction, and I’m proud of our product, and I’m proud to report that we exceeded our instructions. These savings are achieved through necessary changes to restore integrity to the SNAP program, and preserve the program’s ability to serve the most vulnerable long into the future.”
Ranking Member Angie Craig expressed her disappointment in the President’s bill and the required cost savings around SNAP.
The WASDE/Crop Production combo will be the first full read on supply, demand, and yield that could move basis and hedging plans since the government shutdown more than a month ago.
November 03, 2025 09:34 AM
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U.S. Rep. Dusty Johnson (R-SD) shares his outlook on the developing U.S.-China Trade agreement, and the ongoing impact of the federal government shutdown—now stretching past four weeks—on rural communities and producers.
October 31, 2025 01:35 PM
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Caleb Ragland, president of the American Soybean Association (ASA), shares his reaction to news of soybean sales to China, which is considered both “welcome news” and a return to near-normal trade relations.
October 31, 2025 12:26 PM
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Rabobank’s outlook signals a tightening margin environment, emphasizing the need for cost control, trade stability, and clearer policy signals heading into 2026.
October 31, 2025 11:44 AM
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October 30, 2025 06:21 PM
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October 30, 2025 03:16 PM
