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House Ag Committee Advances Disaster Aid Bill for 2020 and 2021

Today, the House Agriculture Committee advanced the 2020 WHIP+ Reauthorization Act (H.R. 267), which would provide authorization for the Wildfire and Hurricane Indemnity Program Plus (WHIP+) in 2020 and 2021. This legislation would broaden the assistance available via WHIP+ and authorize $8.5 billion in disaster aid for eligible causes of loss.

“NAWG is pleased to see the House Agriculture Committee working in a bipartisan fashion to deliver much-needed assistance to growers impacted by natural disasters,” said NAWG CEO Chandler Goule. “Currently, wheat growers in the upper plains and across the western United States are experiencing an unprecedented drought. This legislation makes meaningful improvements to WHIP+, particularly in the trigger for drought assistance, excessive heat, and freeze. 

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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.