Weekly Food and Agriculture Update – 8.8

August 8, 2022 Contents Big Picture Outlook Thoughts from Team Torrey The Week Ahead A Quick Look Back Big Picture Outlook Budget Reconciliation On a party line vote over the weekend, the Senate passed the Inflation Reduction Act. This Democrat-led legislation includes over $40 billion in agriculture funding. In addition to the original $20 billion […]

Weekly Food and Agriculture Update – 8.1

August 1, 2022 Contents Big Picture Outlook Thoughts from Team Torrey The Week Ahead A Quick Look Back Big Picture Outlook Appropriations On Thursday, Senate Democrat appropriators released all twelve fiscal year 2023 appropriations bills including a $195 billion bill to fund the Agriculture Department and Food and Drug Administration. With $27.1 billion in discretionary funding, the ag […]

Weekly Food and Agriculture Update – 7.25

July 25, 2022 Contents Big Picture Outlook Thoughts from Team Torrey The Week Ahead A Quick Look Back Big Picture Outlook Farm Bill On Wednesday, July 20, the House Agriculture Subcommittee on General Farm Commodities and Risk Management held a hearing to discuss the importance of crop insurance and the vital role it plays in providing risk […]

Weekly Food and Agriculture Update – 7.18

July 18, 2022 Contents Big Picture Outlook Thoughts from Team Torrey The Week Ahead A Quick Look Back Big Picture Outlook Appropriations Today, the House Rules Committee is considering a “minibus’ package of six annual appropriations funding bills for Fiscal Year 2023. Included in this package are the appropriations bills that provide funding for USDA […]

Weekly Food and Agriculture Update – 7.11

July 11, 2022 Contents Big Picture Outlook Thoughts from Team Torrey The Week Ahead A Quick Look Back Big Picture Outlook Farm Bill – Crop Insurance As the House returns from recess this week, there will be two Farm Bill hearings. On Wednesday, the House Agriculture Conservation and Forestry Subcommittee will hold a hearing titled “A 2022 […]

Weekly Food and Agriculture Update – 6.13

June 13, 2022 Contents Big Picture Outlook Thoughts from Team Torrey The Week Ahead A Quick Look Back Big Picture Outlook Farm Bill – Crop Insurance Last Thursday, the House Agriculture Subcommittee on General Farm Commodities and Risk Management held a hearing on Title 1 and Crop Insurance where four economists testified about the risk management tools […]

Weekly Food and Agriculture Update – 6.6

June 6, 2022 Contents Big Picture Outlook Thoughts from Team Torrey The Week Ahead A Quick Look Back Big Picture Outlook EPA Released Blending Requirements On Friday, the EPA released mandates for the volume of biofuels oil refiners are obligated to blend for 2020, 2021, and 2022. The final rule keeps intact the agency’s effort to end […]

Weekly Food and Agriculture Update – 5.23

May 23, 2022 Contents Big Picture Outlook Thoughts from Team Torrey The Week Ahead A Quick Look Back Big Picture Outlook Ukraine Supplemental Spending On Thursday, the Senate passed the $40 billion supplemental spending bill to address the war in Ukraine, with an 86-11 vote, and it was signed into law by President Biden over the weekend. […]

Weekly Food and Agriculture Update – 5.16

May 16, 2022 Contents Big Picture Outlook Thoughts from Team Torrey The Week Ahead A Quick Look Back Big Picture Outlook Administration Announces New Crop Production Incentives  While visiting a soybean farm in Kankakee, Illinois last Wednesday, President Biden announced new actions his Administration will take to address rising food prices and costs for farmers. These actions […]

Weekly Food and Agriculture Update – 5.9

May 9, 2022 Contents Big Picture Outlook Thoughts from Team Torrey The Week Ahead A Quick Look Back Big Picture Outlook White House Conference on Hunger, Nutrition, and Health Last week, the White House announced that it will hold a conference in September to rally the public and private sectors around a coordinated, whole-of-government strategy to accelerate […]