Weekly Food & Agriculture Update 9.24
WEEKLY FOOD & AGRICULTURE UPDATE
September 24, 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.
- MTA Explains Farm Bill Expiration– With just 6 days left until the current farm bill expires, the team at Michael Torrey Associates has created a helpful guide to explain farm bill expiration, extension, the impact on key programs, and “permanent law” policies. Click here to access the guide.
- Appropriations “Minibus” Process Continues– Congressional leaders are working towards passing several “minibus” spending bills for the fiscal year 2019, in an effort to send them to the president’s desk before the September 30th deadline. The House will vote on a Senate-passed bill this week that funds defense, health, and domestic programs and includes a stopgap measure to fund the government through December 7th.
- A New Round of Tariffs with China- At 12pm Beijing time today, President Trump launched increased tariffs on $200 billion worth of Chinese products. A combined $250 billion in Chinese products are now subject to these levies, which amounts to almost half the value of Chinese imports in 2017. China has responded with retaliatory action against $60 billion of US goods, totaling in $110 billion of US goods. Products targeted by these tariffs include: bleached wood pulp, processed oak wood, and machines, among other items.
Nominations & Confirmations
- Kip Tom Nomination Advances to Senate– The Senate Foreign Relations Committee voted unanimously to advance the nomination of Kip Tom to serve as the US representative to the UN Agencies for Food and Agriculture. Tom’s nomination will move to the Senate for a vote. If confirmed, Tom will work in Rome with UN Agencies to fight hunger and promote sustainable development.
- John Whitley was confirmed to be an Assistant Secretary of the Army.
- Charles Verdon was confirmed to be Deputy Administrator for Defense Programs, National Nuclear Security Administration.
The Week Ahead
- The Senate Health, Education, Labor, and Pensions Subcommittee will hold a subcommittee hearing entitled: Health Care in Rural America: Examining Experiences and Costs.
- The House Committee on Oversight and Government Reform will hold a joint subcommittee hearing on fraud in the Supplemental Nutrition Assistance Program (SNAP).
A Quick Look Back
- USDA Adds Shelled Almonds and Fresh Sweet Cherry to Market Facilitation Program
- Cargill Meat Solutions Recalls Ground Beef Products due to Possible E. Coli O26 Contamination
- Inside China’s strategy in the soybean trade war
- Wisconsin dairy farmers, in debt and out of options, turn to GoFundMe for bailout
Pertinent Timing Ticker
- 6 days until the farm bill expires (Sep. 30, 2018).
- 6 days until government funding expires (Sep. 30, 2018).
- 43 days until midterm elections (Nov. 6, 2018).