Sentiment in the July Ag Economists’ Monthly Monitor is improving and no one sees the downturn deepening, but interest rates, elevated input costs and corn’s shaky price outlook still cloud the path to 2027.
The Senate Agriculture Committee failed to advance its Farm Bill after a 10-11 vote yesterday, with disagreements over Supplemental Nutrition Assistance Program (SNAP) cost-sharing preventing the measure from moving forward before Congress’s August recess.
Senate Ag Committee’s 10-11 farm bill vote stalls the legislation, but a bipartisan 17-6 vote on mandatory country-of-original labeling keeps mandatory beef labeling alive for a potential September revote.
Farm bill fails to make it out of Senate Ag Committee
