Category: Farm Report

Key lawmaker proposes 60-percent tax on land purchases by U.S. adversaries The United States would block foreign adversaries from snatching up agricultural land by putting a 60-percent excise tax on purchases by people and companies from China, Russia, Iran, North Korea, Cuba, and Venezuela under a bill sponsored by the… Continue reading

Time is running out for the farm bill, warns McConnell Senate Republicans will do their part to smooth the way, but time is already running out for Congress to write the new farm bill, said Senate Republican Leader Mitch McConnell on Thursday. The 2018 farm law expires in four months,… Continue reading

‘We stand united’ to protect SNAP, say ag panel Democrats House Democrats announced their opposition to further cuts to SNAP on Wednesday amid signs the farm bill will be the next battlefront over work requirements for safety net programs. “We stand united against efforts to take food away from children,… Continue reading

Farmers are becoming more doubtful of a farm bill in 2023 Two out of three crop and livestock producers say they are uncertain or believe Congress is unlikely to enact a new farm bill this year, said a Purdue University survey on Tuesday. Neither the Senate or House Agriculture committees… Continue reading

Issue new SNAP exemptions quickly, senators say With the debate on the debt limit over, Democrats heading four Senate committees urged the Biden administration to act swiftly to remove a time limit on food stamps to able-bodied veterans, homeless people and young adults who “aged out” of foster care. The… Continue reading

Summer is near but farm bill may be months away The Senate and House Agriculture committees are weeks or even months away from drafting the 2023 farm bill, a remarkably late start for what is always a detailed and time-consuming process. The new farm bill would be the most expensive… Continue reading

McCarthy: ‘Let’s get the rest of the work requirements’ An exultant House Speaker Kevin McCarthy twice suggested House Republicans would seek more stringent work requirements for the government’s safety net programs now that the House overwhelmingly approved a debt ceiling bill that also limits federal spending. “Think about how much… Continue reading

Economic challenges worldwide force retreat in farm exports After setting a record last year, U.S. farm exports will shrink 8 percent this year, due to tightening economic conditions worldwide and lower commodity prices, said the Agriculture Department on Wednesday. The $15.4 billion decline in sales would be most pronounced for… Continue reading

Debt deal would boost SNAP outlays marginally, says CBO The debt limit deal between President Biden and House Speaker Kevin McCarthy would expand rather than cut SNAP enrollment and spending — an unexpected result given Republican insistence on broader application of work requirements, said the Congressional Budget Office on Tuesday…. Continue reading

Debt deal toughens SNAP rules for some, eases them for others — White House House Speaker Kevin McCarthy agreed in debt limit negotiations with President Biden to exempt able-bodied veterans and homeless Americans from a 90-day limit on SNAP benefits, said two White House officials. But the agreement also applies… Continue reading