The House successfully passed legislation to prevent a rail strike. They adopted a September 15th deal reached between railroad union works, freight rail companies, and the White House.
This includes a pay increase of 24 percent over five years as well as a $5,000 bonus for workers.
They also passed legislation to add 7 days of paid sick leave.
The Senate still has to vote on all of this.
Related Stories
A massive rail merger could significantly impact North American agriculture and trade flows.
Urea and phosphate see the biggest price relief from tariff exemptions, but nitrogen markets remain tight, and spring demand will still dictate pricing momentum.
New SDRP funding and expanded loss programs give producers additional tools to rebuild cash flow and stabilize operations after two years of severe weather losses.
The new WOTUS proposal narrows federal jurisdiction, restores key agricultural exclusions, and gives farmers clearer permitting rules after years of regulatory uncertainty.
Tariff relief may soften grocery prices, but it also intensifies competition for U.S. fruit, vegetable, and beef producers as cheaper imports regain market share.
The ACRE Act modestly reduces farmland borrowing costs now, with more savings possible once federal guidance clarifies which loans qualify.