Stabenow Proposes $20 Billion Farm Bill Solution?

Senate Ag Chair Debbie Stabenow (D-Mich.) opened the door to shifting almost $20 billion from her party’s climate and tax credit law enacted last year to more general spending in the upcoming farm bill.
Senate Ag Chair Debbie Stabenow (D-Mich.) opened the door to shifting almost $20 billion from her party’s climate and tax credit law enacted last year to more general spending in the upcoming farm bill.
(iStock)

Senate Ag Chair Debbie Stabenow (D-Mich.) opened the door to shifting almost $20 billion from her party’s climate and tax credit law enacted last year to more general spending in the upcoming farm bill. Her comments came during a Bloomberg Government panel discussion.

Republicans have long eyed the conservation money initially reserved for climate-smart farm conservation programs as a source for general spending. Stabenow has now signaled openness to moving some of these funds to the baseline portion of the farm bill, so long as they remain climate focused. 

 Work training provided through the Supplemental Nutrition Assistance Program (SNAP) should be updated to help recipients most effectively, Stabenow, Sen. John Boozman (R-Ark.), and House Ag Committee Chairman Glenn Thompson (R-Pa.) signaled.  While stricter work requirements for the farm bill are off the table, Stabenow suggests that states need to improve their SNAP employment and training programs.

Thompson is aiming for a markup of the House farm bill version in September. However, “anybody can get a farm bill done if you watered it down to the point of being meaningless,” he said. “We’re not doing that. We are setting a high bar.”

Stabenow couldn’t give a date for when the committee will release a draft. But “there’s always been a short-term extension,” she told Bloomberg, clarifying that “on time” for past farm bills hasn’t meant exactly on time. “That would not surprise me, but I feel very comfortable.”

 

Latest News

Markets: Cash Cattle Rebound, Futures Notch Four-Week High
Markets: Cash Cattle Rebound, Futures Notch Four-Week High

After a mostly sluggish April, market-ready fed cattle saw a solid rally in the North and steady money in the South. Futures markets began to look past the psychologically bearish H5N1 virus news.

APHIS To Require Electronic Animal ID for Certain Cattle and Bison
APHIS To Require Electronic Animal ID for Certain Cattle and Bison

APHIS issued its final rule on animal ID that has been in place since 2013, switching from solely visual tags to tags that are both electronically and visually readable for certain classes of cattle moving interstate.

How Do Wind, Solar, Renewable Energy Effect Land Values?
How Do Wind, Solar, Renewable Energy Effect Land Values?

“If we step back and look at what that means for farmland, we're taking our energy production system from highly centralized production facilities and we have to distribute it,” says David Muth.

Ranchers Concerned Over Six Confirmed Wolf Kills in Colorado
Ranchers Concerned Over Six Confirmed Wolf Kills in Colorado

Six wolf depredations of cattle have been confirmed in Colorado from reintroduced wolves.

Profit Tracker: Packer Losses Mount; Pork Margins Solid
Profit Tracker: Packer Losses Mount; Pork Margins Solid

Cattle and hog feeders find dramatically lower feed costs compared to last year with higher live anumal sales prices. Beef packers continue to struggle with negative margins.

Applying the Soil Health Principles to Fit Your Operation
Applying the Soil Health Principles to Fit Your Operation

What’s your context? One of the 6 soil health principles we discuss in this week’s episode is knowing your context. What’s yours? What is your goal? What’s the reason you run cattle?