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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. 


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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.