Current Issues

Chairman Conaway Announces New and Returning Agriculture Committee Republican Members

PRESS RELEASE FOR IMMEDIATE RELEASE  Haley Graves January 11, 2017  (202) 225-2171   Chairman Conaway Announces New and Returning Agriculture Committee Republican Members     House Agriculture Committee Chairman K. Michael Conaway (R-TX) issued the following statement in response to the House Steering Committee’s recommendation of six new members to serve on the Agriculture Committee. [...]

CFTC Re-proposes Position Limits and Finalizes Aggregation Rule

The Commodity Futures Trading Commission (CFTC or Commission) voted unanimously to approve the Position Limits for Derivatives re-proposal, as well as the Aggregation of Positions final rule. The position limits re-proposal comes in response to comment received from the December 2013 proposal and the June 2016 supplemental proposal. Chairman Massad provided two reasons for issuing a [...]

U.S.-CHINA TRADE WAR COULD BE ‘DEVASTATING’ FOR FARMERS, FORMER USDA ECONOMIST SAYS

American farmers could be one of the biggest losers if President-elect Donald Trump starts a trade war with China, a former chief economist for the Agriculture Department said today. The United States currently exports about $20 billion to $24 billion worth of agricultural exports to China each year, and that's expected to "grow even more [...]

DSG Update: Senate Ag Committee Votes on CFTC Commissioner Nominations

Thursday, 29 SEP:  Today, the Senate Ag Committee met off of the Senate floor to vote on the nominations of Christopher Brummer and Brian Quintenz to become CFTC Commissioners.  Both nominees were reported favorably by the Committee (unanimous voice vote) and will be placed on the Senate Executive Calendar for consideration by the full Senate, the [...]

TURKISH ANTI-DUMPING INVESTIGATION

Since October 2014, Turkey has filed an anti-dumping case against the U.S. cotton industry. Although this is an ongoing issue, the ACSA and NCC continue to stay abreast of the situation and keep close contact with those members involved. If any member has been contacted by Turkey regarding this issue, said member should contact the [...]

CFTC REAUTHORIZATION COALITION LETTER

Dear Member of the House of Representatives: The undersigned organizations represent a very broad cross-section of U.S. production agriculture and agribusiness. We urge you to cast an affirmative vote on H.R. 2289, the “Commodity End-User Relief Act,” when it moves to the floor for consideration. This legislation contains a number of important provisions for agricultural and agribusiness hedgers [...]