What does Trump’s spending freeze mean for farmers? Ag lawmakers want answers

Ag lawmakers are asking questions this week over President Trump’s spending freeze and what it means for farmers. Some groups say they are now out millions of dollars.

Senate Ag Committee Ranking Member Amy Klobuchar and other democrats have written USDA, asking for details about how the freeze impacts farmers and ranchers. DTN reports the Iowa Soybean Association has sent letters to lawmakers, warning $11 million is at stake for their growers.

The spending freeze is currently held up in the courts. The Trump Administration says the pause is only temporary as the Administration works to get rid of wasteful spending.

Related Stories
Expanded export financing could provide greater support for ag sales abroad if buyers and lenders use the additional tools.
A Prop 12 fix made the final Farm Bill text, but amendments for E15 and pesticide labeling will be voted on separately.
The farm bill is still moving, but the toughest amendment fights were pushed into today’s session. ASA President Scott Metzger joins us to discuss the risks of tariff actions on soybean exports, concerns over trade policy and production costs, and the importance of Farm Bill updates.
Higher biofuel mandates boost long-term crop demand, but a tighter D4 market may pressure biofuel feedstocks and pose new soybean oil demand risks.
According to a tweet from Rep. Anna Paulina Luna, the full House vote on the Farm Bill will be held until lawmakers return from recess.

LATEST STORIES BY THIS AUTHOR:

The U.S. government will give pharmaceutical company Moderna $176 million for a High-Path Avian Flu vaccine, Reuters reports.
RFD-TV Agricultural Law & Taxation expert Roger McEowen discusses the Supreme Court’s recent repeal of the Chevron agreement and other current topics in ag law.
With today’s post, RFD-TV Ag Legal & Tax Expert Roger McEowen focuses on some more common issues farmers, ranchers, and rural landowners frequently face.