ELECTIONS UPDATE – SENATE AG COMMITTEE

The editor of the  DTN Ag Policy Blog reported yesterday:  “Barring an outright collapse, Democrats will maintain control of the Senate. The question is by how much and whether Sen. Harry Reid, D-Nev., will be back and stay majority leader.” “Naturally, the major race right now is Senate Agriculture Committee Chairman Blanche Lincoln’s campaign in Arkansas against Rep. John Boozman. Right now, this race is considered as ‘leaning Republican’ after Lincoln faced a bruising primary and runoff that drained her campaign finances earlier this spring. An argument from southern agriculture is that Lincoln, as chairman, would help defend southern-favored farm programs as Congress works on the 2012 farm bill. If Lincoln loses and Democrats keep the Senate, then the chairmanship could fall to Sen. Debbie Stabenow, D-Mich., because more senior Democrats on the Ag Committee also already have other high-profile chairmanships.

More Advocacy Issues

On January 8th, the USDA released the United States Warehouse Act 2020 Annual Report. Report here.

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Buy American Executive Order Here

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Please click below for details regarding the effective date and compliance dates for the U.S. Commodity Futures Trading Commission’s final rule, Position Limits for Derivatives. Provided by: Delta Strategy Group. More Here.

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The American Cotton Shippers would like to thank USDA’s Farm Service Agency for extending the marketing assistance loans (MALs) for non-recourse loans from 9 to 12 months. See notice below. More Here

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