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.
From tariff talks in Europe to SCOTUS uncertainty and rising farm losses, analysts say policy and global supply will shape grain markets in the year ahead.
January 22, 2026 12:40 PM
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Ethanol and corn groups are not hiding their disappointment over new reports that the bill to allow year-round E15 sales failed as Congress forges ahead on government funding, with another shutdown looming.
January 22, 2026 11:24 AM
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Oil-led rallies can move soybean prices quickly, but sustained gains will require continued strength in soybean oil and broader biofuel demand signals.
January 22, 2026 10:39 AM
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Dairy farmer and Discover Ag co-host Tara Vander Dussen joined us to discuss the Whole Milk for Healthy Kids Act, her experience at the signing, and what’s next for her family and farm.
January 21, 2026 12:42 PM
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Analysts say a Supreme Court decision on tariffs could reshape protein markets, strain U.S.-China trade, and force farmers to rethink global demand strategies.
January 21, 2026 12:03 PM
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President Donald Trump speaks at the World Economic Forum in Davos, addressing SNAP spending, tariff threats against Europe, market reactions, and the upcoming USMCA review.
January 21, 2026 11:50 AM
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