News Briefs

News Briefs

Less Savings From Same Farm Bills The possibility of getting a five-year Farm Bill passed just got harder. A new Congressional Budget Office estimate says the amount of savings has changed since last summer and it is much less. The Senate bill savings estimate now stands at $13.1 billion over 10 years, not $23.1 billion. The House bill savings figure ... Read More »

News Briefs

Farm Bill Takes A Back Seat Again The Farm Bill is having a hard time getting any attention in Washington, D.C. The Obama Administration is expected to submit to Congress its FY14 budget to start this year’s budgeting and appropriations process. Over the next few months, Congress will hold hearings on the budget, and the House and Senate budget committees ... Read More »

News Briefs

BASF Acquires Becker Underwood BASF has completed the acquisition of Becker Underwood from Norwest Equity Partners, a United States-based private equity investment company. With the acquisition, BASF is now a leading global provider of technologies for biological seed treatment as well as seed treatment colorants and polymers. BASF has also expanded its product portfolio in the areas of biological crop ... Read More »

News Briefs

Farm Bill Kicked To Lame Duck Session The Farm Bill is one of many issues facing Congress when after the election. Some estimate the “lame duck” session could run five weeks; some predict it will be called off. There are several issues like expiring tax cuts, the sequestration mandated cuts and, of course, the Farm Bill. The sequestration measure alone ... Read More »

News Brief

Senate Ag Committee Issues Farm Bill The U.S. Senate Ag Committee voted to approve the Agriculture Reform, Food and Jobs Act of 2012, a bipartisan Farm Bill authored by Committee Chairwoman, Sen. Debbie Stabenow, R-Minn., and Ranking Member, Sen. Pat Roberts, D-Kan. “The Agriculture Reform, Food and Jobs Act of 2012 will save taxpayers billions of dollars while promising a ... Read More »

News Briefs

Producers Unveil Program Needs Jimbo Grissom, president, Western Peanut Growers Association, addressed the Senate Ag Committee in Washington, D.C., recently unveiling proposals from the Southern Peanut Farmers Federation, who represents growers in Georgia, Florida, Alabama and Mississippi, and the United Peanut Alliance, representing producers in North Carolina, South Carolina, Virginia, New Mexico, Oklahoma and Texas. Grissom said producers are looking ... Read More »

News Briefs

Super Committee To Impact Farm Bill The Joint Select Committee on Deficit Reduction or Super Committee has convened with the goal of cutting $1.5 trillion from the U.S. national budget over the next decade. Congress must adopt their recommendations by the end of the year or government spending will automatically be cut by $1.2 trillion over the next 10 years, ... Read More »

News Brief

Planted Acreage Still A Question State peanut directors continue to debate USDA’s planted acreage estimates. Don Koehler, Georgia Peanut Commission executive director, says that unless contracts get close to $700 per ton, acreage in Georgia could be as low as 450,000 acres, which is more than 100,000 fewer acres than 2010. The commission estimates only 30 percent of the acres ... Read More »

News Brief

Stabenow Talks Farm Bill Senator Debbie Stabenow (D-Mi) recently told reporters, “We’re going to start right now and move through the process, and we’ll make decisions as we go along. “In terms of an exact timetable, I think it’s in the interest of agriculture, given the backdrop that we’re in right now around budgets and deficits, to move in a ... Read More »

Oklahoma Farmer Heads Ag Committee

Rep. Frank Lucas (R) of Oklahoma is a farmer and knows about peanut production in his state. Lucas recently said that the House of Representatives Ag Committee will be a challenge to lead. “There are 26 republicans and 20 democrats. Sixteen republican members are freshman, and seven democrats have never served on the committee.” Lucas said, “We are in a ... Read More »