USDA has suspended $500 million in food bank funding.
The Department says the previous Administration created unsustainable expectations for the Emergency Food Assistance program, pointing to spending authority under the Commodity Credit Corporation.
Senate Democrats are pushing back on the move, saying it would have a “significant and damaging impact,” according to AgriPulse.
Story via Rebekah Alvey with AgriPulse
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Lawmakers and ag industry groups welcomed the confirmations, citing the direct impact of these leaders on western ranchers, water and land management, conservation programs, and regulatory reform.
All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
Corn and beef exports showed strong momentum, cotton sales surged, and soybean sales held steady, though China remains absent from the U.S. market.
Cheaper freight is helping exports move, especially corn, but weaker soybean demand looms large.
American Farm Bureau Federation (AFBF) economist Danny Munch explains how the Emergency Livestock Relief Program application process differs from other USDA aid programs.
