On June 20th, the House Agriculture Committee Subcommittee on General Farm Commodities and Risk Management held a hearing entitled “A 2022 Review of the Farm Bill: Stakeholder Perspectives on Title XI Crop Insurance.”
Author: Shea Ishee
ACP Chairman Nathan Reed Testifies
On June 17th, the Senate Agriculture Committee held a hearing in Committee Ranking Member John Boozman’s home state of Arkansas entitled, “2023 Farm Bill: Perspectives from the Natural State.” ACSA would like to thank American Cotton Producers (ACP) Chairman Nathan Reed for sharing his perspectives on important topics going into the next Farm Bill, including supply chains.
House Ag Discusses Climate
On June 15th, the House Agriculture Committee held a hearing entitled “The Role of Climate Research in Supporting Ag Resiliency.” Please see link below for key takeaways provided by Delta Strategy Group.
EPA Makes RFS Announcement
On June 3rd, the Environmental Protection Agency finalized the blending requirements under the nation’s biofuel mandate. More information on the Renewable Volume Obligations under the Renewable Fuels Standard for 2020, 2021, and 2022 can be found in the link below.
CFTC Holds Roundtable on Carbon Markets
On June 2nd, the Commodity Futures Trading Commission (CFTC) held a roundtable titled “Voluntary Carbon Markets Convening.”
Substantive Comments on FTX’s Proposal
On May 27th, Delta Strategy Group created a summary of the substantive comments regarding FTX’s proposal to amend its DCO registration to permit it to offer margin on cryptocurrency futures products in its non-intermediated model.
CFTC Staff’s Roundtable on Non-Intermediation
On May 25th, the Commodity Futures Trading Commission staff held a roundtable to consider the implication of a non-intermediated direct clearing model for digital asset derivatives. See the summary below for more information.
Politico Highlights ACSA’s Position Regarding FTX’s Recent Proposal
On May 24th, PoliticoPro’s newsletter titled “Cypto concerns come to ag” highlighted some of the concerns raised by the American Cotton Shippers Association and other agricultural groups regarding the recently filed proposal filed by LedgerX LLC d.b.a. FTX US Derivatives (FTX).
ACSA Writes Comment Letter Regarding FTX Proposal
On May 10, ACSA submitted its comments in response to the U.S. Commodity Futures Trading Commission’s request for public comments on LedgerX, LLC d.b.a. FTX U.S. Derivatives’ (“FTX”) request for amended Derivatives Clearing Organization (“DCO”) Registration Order.
House Members Examine Transportation Issues
On May 12, the House Transportation Committee Subcommittee on Railroads, Pipelines, and Hazardous Materials held a hearing entitled “Board Member Views on the Surface Transportation Board (STB) Reauthorization.”