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.
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
“It does not extinguish right away here — in any sort of sense — the real profitability concerns and people’s ability to pay bills and get to the other side of this in the very short term. This is where the skepticism builds.”
October 30, 2025 02:20 PM
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RFD-TV tax expert Roger McEowen discusses the renewed tax provision and how cattle producers can take advantage of it to recover investments in heifer retention and herd expansion more quickly.
October 30, 2025 01:23 PM
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