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House Ag Committee Advances Disaster Aid Bill for 2020 and 2021

Today, the House Agriculture Committee advanced the 2020 WHIP+ Reauthorization Act (H.R. 267), which would provide authorization for the Wildfire and Hurricane Indemnity Program Plus (WHIP+) in 2020 and 2021. This legislation would broaden the assistance available via WHIP+ and authorize $8.5 billion in disaster aid for eligible causes of loss.

“NAWG is pleased to see the House Agriculture Committee working in a bipartisan fashion to deliver much-needed assistance to growers impacted by natural disasters,” said NAWG CEO Chandler Goule. “Currently, wheat growers in the upper plains and across the western United States are experiencing an unprecedented drought. This legislation makes meaningful improvements to WHIP+, particularly in the trigger for drought assistance, excessive heat, and freeze. 

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CFTC Chair Defends Enforcement

Video: CFTC Chair Defends Enforcement

This week, the House Agriculture Committee heard testimony from Michael Selig, the Chairman of the Commodity Futures Trading Commission. Many of the questions focused on farmer’s access to trading and pricing data, and enforcement of insider trading on prediction markets.