Farms.com Home   Ag Industry News

U.S. House Passes Ag-Only Farm Bill

By Amanda Brodhagen, Farms.com

In a close vote, the U.S. House passed an ag-only farm bill Thursday. For the first time, it cut out food aid, which left a standalone farm policy piece of legislation. The vote tally was 216-208.

The new House farm bill comes after the House turned down a five-year bill last month. A group of Republican lawmakers voted against the bill, as they hoped for deeper cuts in the Supplemental Nutrition Assistance Program (SNAP), also known as food stamps.

Republican leader’s strategy was to split the farm bill in two, to gain more conservative votes – dealing only with farm policy. Democrats fired back accusing the Republicans of turning the farm legislation into a partisan bill, which fails to protect America’s poor.

The Republican-controlled House defied a White House veto warning that was issued Wednesday. The Senate passed its own version of the farm bill earlier this month. Congress doesn’t have much time to pass a singular bill to garner the support of both houses of Congress. The 2008 farm bill extension ends Sept. 30th.
 


Trending Video

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.