Monthly Archives: June 2011

World Bank to boost ‘hedge’ financing for farmers in developing nations

The World Bank is encouraging farmers and food producers in poorer countries to use some of the same financial tools that are criticized in the hands of speculators to protect themselves against swings in prices and boost global food production.

The organization and J.P. Morgan are setting aside $200 million each to help finance what World […]

Budget Talks Could Be De Facto Farm Bill Rewrite

Roll Call

Budget Talks Could Be De Facto Farm Bill Rewrite

By Eliza Newlin Carney
6-29-11
Federal belt-tightening has worried Washington lobbyists across the board, but perhaps no sector is more nervous these days than the agriculture industry.

Several factors have thrown farmers and their Washington representatives into a defensive crouch. Bipartisan talks on a budget deal to cut spending […]

Interview WITH: Dr. Joe Glauber

MEMO REVEALS GOP SUMMER PLAN

House Majority Leader Eric Cantor told Republican lawmakers in a memo Friday what to expect for the rest of the summer, including votes on three stalled trade agreements, action on an intelligence bill, and movement throughout the summer on the debt ceiling.

The Virginia Republican’s message to House Republicans on the summer “legislative floor schedule” itemized […]

House spending panel approves Flake farm subsidy amendments

The House Appropriations Committee approved by voice vote on Tuesday evening a Rep. Jeff Flake, R-Ariz., amendment that effectively bans payment of crop subsidies to anyone making more than $250,000 per year. The current limit is $500,000 in adjusted gross income (AGI) from off-farm sources or $750,000 in on-farm AGI. The $750,000 limit is an […]