Earlier this week, the Big “I” joined a long list of insurance, commodity, farm, environmental and lending groups in sending two letters opposing cuts to the Federal Crop Insurance Program during this year’s budget process.
On Wednesday, Congress approved a five-year Farm Bill, which President Trump has indicated he intends to sign.
The current Farm Bill expired on Sept. 30, leaving several agricultural, environmental and nutrition programs and initiatives in potential limbo.
As the dust settles on the 2018 midterm election, agents across the country may be wondering how the new balance of power in Congress will affect their businesses.
The Farm Bill expired on Sunday, Sept. 30, leaving several agricultural, environmental and nutrition programs and initiatives in limbo.
In June, the U.S. House of Representatives and the U.S. Senate passed differing versions of the Farm Bill. Neither bill contains cuts to the Federal Crop Insurance Program.
Even though both the House and Senate have passed a Farm Bill supportive of crop insurance, the bills significantly differ on several contentious issues.
The Senate version of the Farm Bill is scheduled for a vote before the end of the week. However, disagreement among senators over some provisions of the bill have made it unclear what changes might be made to the bill before the vote.
Yesterday, the “Agricultural Improvement Act of 2018” passed by a 20-1 vote out of a U.S. Senate committee.
Late last week, the U.S. House of Representatives voted down H.R. 2, “The Agriculture and Nutrition Act,” by a vote of 198-213.