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.
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Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.
Beal joined us on Friday’s Market Day Report to discuss her election to NASDA’s presidency, challenges facing American agriculture, and her background as a Mainer and dairy farmer.
RFD-TV Farm Legal and Taxation expert Roger McEowen joined us Friday to break down the executive order and what it means for farmers and ranchers.
Farm CPA Paul Neiffer joined us on Friday’s Market Day Report to break down what this extension means for affected ranchers.