The letter makes the case for protecting farm bill spending from any further cuts under the FY 2015 budget.Under the federal budget process, each of the congressional authorizing committees (e.g., the House and Senate Agriculture Committees) send a views and estimates letter to the respective chamber's Budget Committees. The House Agriculture Committee yesterday filed its letter with the House Budget Committee. The letter states:The Committee's main focus will now shift to ensuring proper implementation of the Agricultural Act of 2014. The Committee will also continue focusing on its oversight role, ensuring that the US Department of Agriculture is administering its programs in a fiscally responsible manner.Specifics include:
Eliminating...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...