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 April 14, 2021, Memphis stakeholders wrote a letter to Chairman Oberman of the Surface Transportation Board expressing the need for assistance in resolving the current inland rail crisis affecting importers, exporters and motor carriers in the area. See the full letter below. Click Here

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On March 15, 2021, Mississippi State University published the expected PLC payments for the 2020 year. Please see the link below for more information. Click Here

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The link below provides an overview and key takeaways from the Senate Banking Committee hearing to consider Gary Gensler to be a Member of the U.S. Securities and Exchange Commission (SEC). Click Here

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The National Cotton Council provided a cotton specific summary of the Quality Loss Adjustment Program and examples. See below. Click Here

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Yesterday, the Senate Agriculture Committee held a hearing to consider the nomination of Tom Vilsack to be Secretary of Agriculture. Click below for details from the hearing. Click Here

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China Policy and Market Update

January 29th, 2021

In December, China imported 1,629,083 bales (354,691 MT) of cotton, representing an increase of 80.43% month-on-month (m/m), and an increase of 130.9% year-on-year (y/y). The total value was USD $588.82 million, representing an increase of 89.33% m/m, an increase of 117.21% y/y. In 2020, Chinese cotton imports totaled 9,912,346 bales (2,158,159 MT), an increase of […]

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