WASHINGTON (Reuters) – House Speaker John Boehner, in his gloomiest assessment yet, lamented the lack of “real progress” toward a compromise $500 billion farm bill and said on Thursday the House would try to head off a potential doubling of milk prices in January.
Congress is more than a year behind schedule in overhauling U.S. farm law, hobbled by a disagreement over cuts in food stamps for the poor. House Republicans have proposed tighter rules that would disqualify 8 percent of recipients – too steep a cut for Democrats to accept.
WASHINGTON, Nov 29 (Reuters) – The U.S. government in recent
years has not needed to prop up grain farmers’ income with
subsidies, but those payments could come roaring back if the
lower ethanol mandate proposed this month drives corn prices
lower, as many analysts expect.
The likely change to the Renewable Fuel Standard (RFS) comes
as lawmakers are in the final stages of deliberations on a new
five-year farm bill.
WASHINGTON, Nov 21 (Reuters) – The four key negotiators on
the new farm bill are miles apart on the paramount issue – the
level of cuts in the major U.S. anti-hunger program – with no
sign of compromise as time runs down for legislative action
before the end of the year.
Four hours of face-to-face meetings on Wednesday and
Thursday failed to produce an agreement. House Agriculture
chairman Frank Lucas told reporters on Thursday that no more
meetings were planned this week.
WASHINGTON, Nov 21 (Reuters) – Time is quickly running out
to write a new $500 billion U.S. farm policy this year and one
of the biggest problems facing the four key negotiators on the
project is how much to cut spending on food stamps for the poor.
Without an agreement by the end of this week it may be
impossible to enact a new farm law this year. Congress is more
than a year behind schedule in replacing the now-expired 2008
law; it adjourns for the year in mid-December.
WASHINGTON (Reuters) – Wall Street’s top U.S. derivatives regulator could soon be left with a leadership vacuum after a key U.S. senator said Tuesday she does not expect her committee to vote on President Barack Obama’s nominees to replace its departing commissioners until the new year.
“We are talking about doing this after the first of the year,” Senate Agriculture Chairman Debbie Stabenow, Michigan Democrat, told reporters in the hallway of a Capitol Hill office building.
WASHINGTON (Reuters) – A congressional agreement to tighten U.S. farm subsidy rules for the benefit of small and family farmers is under attack in the final negotiations over a new, overdue farm bill, two senators said on Tuesday, with time running short.
Leaders of the House and Senate Agriculture committees face an informal deadline at the end of this week to strike an agreement on a $500 billion compromise, if they hope to pass a bill this year. Congress could adjourn for the year in mid-December.
WASHINGTON, Nov 13 (Reuters) – Lawmakers writing the final
version of the new U.S. farm bill should reject the “hatchet”
cuts that House Republicans want to make to food stamps for the
poor, Agriculture Secretary Tom Vilsack said on Wednesday.
Food stamps, which account for the bulk of spending in the
$500 billion bill, are the make-or-break issue for the farm
bill, which is already more than a year overdue.
WASHINGTON, Nov 8 (Reuters) – The 2013 U.S. corn crop will
be a bin-busting 30 percent bigger than last year’s
drought-afflicited harvest, but U.S. corn consumption will surge
by 17 percent, the U.S. government said on Friday, forecasting
less corn at the end of the marketing year than people in the
industry had expected.
Growers are reaping the biggest-ever U.S. crop, a dramatic
about-face from three years of ever-smaller harvests. World
corn, wheat, rice and soybean crops also are records this
season, said the U.S. Department of Agriculture.
WASHINGTON, Oct 30 (Reuters) – Members of a select
House-Senate panel on Wednesday targeted for potential repeal a
U.S. meat-labeling law that Mexico and Canada have challenged as
a violation of world trade rules, and that U.S. meatpackers also
The country-of-origin labeling (COOL) law requires labels on
packages of beef, pork, poultry and lamb sold in U.S. stores to
carry specific information on the source of the meat. The U.S.
terms it a “consumer information” program.
WASHINGTON/LOS ANGELES (Reuters) – One of every seven Americans will take a hit on Friday when a $5 billion cut in food stamps, the first across-the-board reduction in the history of the decades-old federal program, takes effect.
But if conservative Republicans in Congress get their way, this week’s pullback may be just a taste of what’s to come for some of the almost 48 million Americans who receive benefits under the Supplemental Nutrition Assistance Program.