Weekly Food & Agriculture Update 3.12

Monday, March 12th, 2018

WEEKLY FOOD & AGRICULTURE UPDATE

March 12, 2018

A quick look at what’s happening in Washington, D.C. that’s impacting food and agriculture. If you would like to subscribe to the receive the updates right to your inbox, please contact Marissa Dake


Big Picture Outlook

  • Schedule- The House and Senate are in session this week and House Majority Leader Kevin McCarthy is pushing for a vote on the $1.3 trillion omnibus spending bill. The current stopgap funding measure expires on March 23. All but one of the appropriations committee chairmen have voiced confidence that they’ll meet the deadline.
  • Tax Section 199A– Ag stakeholders will be watching to see if the omnibus will include a provision to address the Section 199A tax issue. The current provision causes a disadvantage to privately held grain elevators and corporate entities that are not set up as co-ops.
  • Farm Bill– House Agriculture Committee Ranking Member Collin Peterson told reportersthat Democrats are “in revolt” over proposed changes to SNAP in the Farm Bill. Chairman Conaway has said he plans to markup the bill in Committee on March 20. Separately, Chairman Roberts said that the Senate Ag Committee intends to move its farm bill draft in April.
  • PA Special Election- Democratic candidate Conor Lamb is the current leader in Tuesday’s House special election in Pennnsylvania, according to a new public poll released Monday. Lamb is running against Republican state legislator Rick Saccone in a district that Trump won by 20 percentage points.

Nominations

  • Jeffrey Gerrish to be a Deputy United States Trade Representative (Asia, Europe, the Middle East, and Industrial Competitiveness), with the rank of Ambassador.
  • Jeff Tien Han Pon to be Director of the Office of Personnel Management.
  • Michael Rigas to be Deputy Director of the Office of Personnel Management.

The Week Ahead

Tuesday, March 13

  • The Senate Energy and Natural Resources Committee will hold a hearing at 10 a.m. on President Trump’s fiscal 2019 budget request for the Interior Department. Interior Secretary Ryan Zinke will testify.
  • Also at 10 a.m., the Senate Commerce subcommittee will hold a hearing on “Rebuilding Infrastructure in America: Investing in Next Generation Broadband.”
Wednesday, March 14
  • Senate Environment and Public Works will examine a bill entitled, “the Agriculture Creates Real Employment (ACRE) Act” at 10 a.m.
Thursday, March 15
  • The House Appropriations Energy-Water Subcommittee will hear from Energy Secretary Rick Perry at 10 a.m. on the DOE budget in their hearing titled “Building a 21st Century Infrastructure for America: Water Resources Projects and Policy.”
  • The House Appropriations Agriculture-FDA subcommittee will hold a hearing at 1:30 p.m. on the fiscal 2019 budget for the Office of the Agriculture Inspector General.

A Quick Look Back


Pertinent Timing Ticker

  • 12 days (10 legislative days) until government funding expires on March 23, 2018.
  • 202 total days until the farm bill expires (Sep. 30, 2018).