Farms.com Home   Ag Industry News

Conferees Begin Farm Bill Negotiations

Lawmakers to Narrow Gap between House and Senate Food Stamp Cuts

By Amanda Brodhagen, Farms.com

It’s a tough job ahead of 41 farm bill conferees as they begin to reconcile the House and Senate versions on a renewed five-year food and farm policy, Wednesday.

The talks will largely center on food stamps. Lawmakers are tasked to reconcile $40 billion in cuts to nutrition programs proposed by the Republican-led House, while the Senate version would only cut about $400 million.

On the eve of conference negotiations, a coalition of 250 farm lobby groups reinforced the importance of a renewed farm bill, and the need for permanent law provisions. The groups also urged Congress to include a “meaningful nutrition title,” which can be signed by President Obama.

Proceedings on the bipartisan farm bill can be viewed live here at 2:30p.m. (ET): http://agriculture.house.gov.
 


Trending Video

Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.