Rice
The deal decreases U.K.’s ethanol tariff from 19% to 0%, creates an opportunity for cattle ranchers to export millions more and opens a $100 million market with free access for rice farmers, says Brooke Rollins, Secretary of Agriculture.
The CR includes nearly $110 billion in disaster and farmer aid, which includes $10 billion in farmer aid and $21 billion ag disaster aid. $2 billion of that disaster aid is specifically for livestock producers. The measure also includes a one-year extension of the 2018 Farm Bill.
Text of the $1.7 trillion omnibus spending package was released early Tuesday morning. The Senate will vote first and intends to pass the measure before Thursday, leaving the House no time to demand changes.