Farms.com Home   Ag Industry News

Congress Faces Unfinished Business: Farm Bill Negotiations Continue in 2014

By Amanda Brodhagen, Farms.com 

United States lawmakers have been working on drafting a renewed five-year $500 billion farm bill measure for the past two years, and it looks like negotiations may soon come to a close this month.

Lawmakers have been on break for the last couple of weeks, but farm bill lawmakers and their staff have been working behind the scenes to try and reach a compromise on the food and farm legislation. The House and Senate disagree over certain components of the bill, but perhaps the most controversial part being over cuts to the $80 billion-a-year food stamp program.

Congress has other unfinished business to attend to besides the farm bill too. The continuing resolution funding the government expires Jan. 15. Congress has two options, pass an omnibus spending bill or approve another continuing resolution. If Congress fails to act, the government will face another partial shutdown.

Long story short, Congress has their work cut out for them. 


Trending Video

$5 Corn, $12 Soybeans, $7 Wheat & $750 Canola! Is the Top In/Party Over?

Video: $5 Corn, $12 Soybeans, $7 Wheat & $750 Canola! Is the Top In/Party Over?


$5 corn, $12 soybeans, $7 wheat & $750 canola! Is the top in and the party over with lower crude oil and an end to the Iran war?
The 2026 USDA May report could see ending stocks fall further due to red-hot U.S. corn exports, lower HRW production and lower Brazil corn production?
OK HRW wheat tour sees crop down 50% + Kansas Quality Council Wheat tour next week.
Headline news that U.S. could import Brazilian beef weighed on cattle futures.
Headline news of pseudorabies disease found in hogs in Iowa and #1 buyer Mexico may restrict exports weighed on hog futures.
Stocks are on fire.
5 senators are in China planning ahead of the Trump/Xi meeting on May 14/15. CFTC.