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House Passes CR with Key Farming Supports

Dec 26, 2024
By Farms.com

Aid for Farmers Approved, Urges Senate Action

The American Farm Bureau Federation has expressed gratitude toward the House's recent approval of a Continuing Resolution (CR) that provides essential support to the agricultural sector.

The resolution, strongly backed by key figures on the House Agriculture Committee and President-elect Trump, allocates $20.78 billion in disaster aid covering adversities such as hurricanes, wildfires, and droughts for 2023 and 2024.

Additionally, it provides $10 billion in economic aid to help farmers manage the steep decline in farm income amid rising supply costs and falling commodity prices.

Despite the broad support, the Federation voiced disappointment over the exclusion of authorization for year-round E-15 sales, which they had hoped would benefit both farmers and consumers.

The Farm Bureau now urges the Senate to act swiftly in passing the CR to prevent a costly government shutdown. The timely passage of this resolution is crucial for the stability and future of farming in America.


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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.