Farms.com Home   News

NFU Statement on 2018 Farm Bill Compromise

The Farm Bill conference committee conferees today released the text of a compromise Farm Bill, largely the effort of House and Senate Agriculture Committee leadership resolving differences between the House and Senate versions of the 2018 Farm Bill. If approved by both chambers within the next week and a half, the legislation will be on President Trump’s desk and awaiting approval before the end of the year.
 
National Farmers Union (NFU) President Roger Johnson released the following statement in response to the Farm Bill compromise:
 
“Passage of the 2018 Farm Bill cannot come soon enough for American family farmers and ranchers, who need the certainty of the Farm Bill safety net to continue to weather the worst farm economy decline in more than thirty years. We also need the bill to continue the sustainability gains and emergence of new markets for farmers that have been supported by Farm Bill programs.
 
“Senate and House agriculture leaders and their staff have worked tirelessly to resolve differences in the chambers’ respective farm bills, and they’ve produced a bill that represents a critical step toward providing the relief and certainty farmers need amidst struggling markets due to oversupply and trade volatility.
Click here to see more...

Trending Video

Soybeans and corn were mostly firm Wednesday | Market Minute for 1/3/24

Video: Soybeans and corn were mostly firm Wednesday | Market Minute for 1/3/24

Brownfield Commodity Market Reporter John Perkins has your look at the mixed finishes in soybeans, corn, cattle, and hogs, along with the losses in wheat.

- March corn $4.65 and ¼ up 1 and ½ cents

- January soybeans $12.69 and ½ down 4 and ½ cents

- January soybean meal $381.00 up $2.10

- January soybean oil 48.10 up 31 points

- March Chicago wheat $6.00 and ¼ down 6 and ½ cents

- February live cattle $171.85 down $.07

- February lean hogs $65.30 down $.02