Weekly Food and Agriculture Update – 2.11
February 11, 2025 Contents What We’re Watching Congress Reconciliation This week is all about dueling budget proposals. Both the House and Senate are looking to advance their respective budget blueprints this week, the first step in the reconciliation process. On Friday, Senate Budget Chair Lindsey Graham (R-SC) released his budget draft and announced that the […]
Weekly Food and Agriculture Update – 2.4
February 4, 2025 Contents What We’re Watching Congress Reconciliation Last week, House Republicans were on a retreat in Florida where they discussed the plan for their budget blueprint, the first step in moving forward with a Reconciliation framework. Targeted savings could total at least $60 billion from the Education and Workforce Committee, $50 billion from […]
Weekly Food and Agriculture Update – 1.28
January 28, 2025 Contents What We’re Watching Congress Nomination Hearings Last week, the Senate Agriculture Committee held the nomination hearing considering Brooke Rollins to be Secretary of Agriculture. Her opening statement laid out priorities for her first 100 days, which included delivering disaster aid, addressing HPAI and animal disease outbreaks, modernizing the USDA to better […]
Weekly Food and Agriculture Update – 1.21
January 21, 2025 Contents What We’re Watching Congress Inauguration On Monday, Donald Trump was sworn in as the President of the United States in the Capitol rotunda. Following his ceremony, he made a series of announcements around which Executive Orders he will be rolling out on day one, under the categories of “Make America Safe […]
119th Congressional Resources
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Weekly Food and Agriculture Update – 1.14
January 14, 2025 Contents What We’re Watching Congress Reconciliation Offsets Released In order to fund the Trump administration priorities, the House GOP is circulating a list of potential spending offsets to be included through Reconciliation. Cuts include limiting future changes the Thrifty Food Plan, which is estimated to save $247 billion; reforms to SNAP, which is estimated […]
Weekly Food and Agriculture Update – 1.7
January 7, 2025 Contents What We’re Watching Congress Speaker Update On Friday, members of Congress re-elected Speaker Mike Johnson (R-LA) for another term. In a somewhat unexpected development, Speaker Johnson was able to reach the necessary 218 votes in the first ballot when two GOP members that initially opposed him switched their votes to Johnson. […]
Weekly Food and Agriculture Update – 12.17
December 17, 2024 Contents The Torrey Advisory Group Food and Agriculture Update will be paused until January 7th. Have a wonderful holiday season and great start to the new year. What We’re Watching Congress Farm Bill Extension A year-long farm bill extension plus $10 billion in economic assistance, and $21 billion in agriculture disaster assistance, […]
Weekly Food and Agriculture Update – 12.10
December 10, 2024 Contents What We’re Watching Congress Right now, Congress has a mere 11 days until government funding expires, and until December 31 to pass a farm bill extension before permanent law goes into effect, which would have dramatic negative impacts on commodity markets and food prices. Appropriations Lawmakers are still working to finalize […]
Weekly Food and Agriculture Update – 12.3
December 3, 2024 Contents What We’re Watching Congress This week, Congress will return to Washington, D.C. following the Thanksgiving recess. With only 12 joint legislative days left and government funding set to expire on December 20, Congress will have a packed schedule. Notably, the Farm Bill is set to expire on December 31 unless an extension […]
