What areas are lawmakers looking to trim within the budget?

Later today, Congress will begin marking up bills for the budget reconciliation, and there is a lot at stake for the ag sector as both chambers have been tasked with cutting billions of dollars.

The Senate Budget Committee is looking at cutting around $5 billion over the next decade, with a billion of that coming from agriculture. House leaders say they will reject that plan, insisting their own bill addresses each of President Trump’s agenda items.

A recent budget release from the White House shows the House Ag Committee must cut $230 billion over the next ten years. It also calls for $100 billion in new military spending, with $90 billion for border security.

LATEST STORIES BY THIS AUTHOR:

Now the Senate must pass a version of the spending bill before the Sept. 30 deadline.
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.
Disease risks remain a key factor to watch heading into fall.
American Farm Bureau Federation (AFBF) economist Danny Munch explains how the Emergency Livestock Relief Program application process differs from other USDA aid programs.