Chairman of the House Agriculture Committee, Glenn Thompson (R-Pennsylvania), released the text of the farm bill on Friday. Markup is scheduled for next week. Some key highlights are shown below. Commodities:
Directs reporting on dairy production expenses to ensure that producer costs are accurately reflected in the data. Creates a standing block grant authority for future disaster payments. Includes propane that is primarily used for agricultural production in the storage facility loan program. Ensures producers can repay their marketing loans during a government shutdown. Expands and strengthens support for producers of trees, vines, and shrubs. Directs the Secretary to establish a standing framework for providing support for speci...
What You Need to Know Today: Markets opened double digits higher Sunday evening following the release of Chinese and American official summaries of bilateral discussions last week. They chose the more optimistic view of future Chinese purchases of American farm goods versus the more opaque inte...
Texas Attorney General Ken Paxton on Friday launched an investigation into the beef industry over potential anticompetitive conduct among the nation’s largest meatpackers, his office announced Friday. He said the investigation would be conducted alongside a separate antitrust probe announ...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...
