Latest News From Policy Update

Don’t Count Pelosi Out Yet… But Details of Hoped-for Framework are Key
Don’t Count Pelosi Out Yet… But Details of Hoped-for Framework are Key

PCE index is highest rate of inflation since 1991 | Why China goofed re: Phase 1 accord

Vilsack Calls Climate Initiative a Commodity Program, Not Carbon Bank or Carbon Trading
Vilsack Calls Climate Initiative a Commodity Program, Not Carbon Bank or Carbon Trading

Both Senate and House expected to approve stopgap spending measure through Dec. 3

Comprehensive Investment Package Announced Today
Comprehensive Investment Package Announced Today

USDA taps the CCC for funding

Finally, ‘Clean’ CR is Coming Today
Finally, ‘Clean’ CR is Coming Today

Warren blasts Fed chairman | Debt ceiling timeline | White House talks to OPEC

Energy Prices Soaring as Brent Crude Trades Above $80/bbl; Natgas Surging in Europe
Energy Prices Soaring as Brent Crude Trades Above $80/bbl; Natgas Surging in Europe

U.S. natural gas futures trading above $6/mmbtu and about to take out 2014 peak

Speaker Pelosi: ‘I’m Never Bringing a Bill to the Floor that Doesn’t Have the Votes’
Speaker Pelosi: ‘I’m Never Bringing a Bill to the Floor that Doesn’t Have the Votes’

Tight schedule & intraparty squabbles present hurdles for Dems | Where’s RFS details?

Likely Outcomes of Lingering Budget, Debt Issues
Likely Outcomes of Lingering Budget, Debt Issues

Grassley to seek re-election | Amy Walter on Biden’s competence | Commerce Sec. on trade w/China

Biden Pushes Dems to Find Consensus on Budget Package; Framework Accord Sought
Biden Pushes Dems to Find Consensus on Budget Package; Framework Accord Sought

RFS twists and turns | Stabenow: Dems’ reconciliation spending will help write next farm bill

Biden Pushes Dems: Find Consensus on Budget Package; Framework Accord Sought
Biden Pushes Dems: Find Consensus on Budget Package; Framework Accord Sought

RFS twists and turns | Stabenow: Dems’ reconciliation spending will help write next farm bill

House Clears CR/Debt Suspension Bill but Faces Coming Defeat in Senate
House Clears CR/Debt Suspension Bill but Faces Coming Defeat in Senate

How a House Ag hearing on blueberries turned into a black eye for Democrats

Legislative Crisis: Dems Link Debt Limit to Funding Bill Amid GOP Senate Hurdle
Legislative Crisis: Dems Link Debt Limit to Funding Bill Amid GOP Senate Hurdle

OECD boosts global inflation forecasts | Congestion mounts at Calif. Ports | U.S./U.K. trade

Major U.S. Equities Sell Off on Rising China Concerns, Economic Anxieties
Major U.S. Equities Sell Off on Rising China Concerns, Economic Anxieties

Senate parliamentarian nixes Dems’ immigration proposal | CR | Debt limit | Recon delay

On Key Issues, House Dems Have to Put Up, But They Won’t Shut Up
On Key Issues, House Dems Have to Put Up, But They Won’t Shut Up

Another RFS rumor | CR | Debt limit | FOMC | Carbon markets | Food summit

Vilsack Chides ‘Market-Based’ Component in China Phase 1 Accord
Vilsack Chides ‘Market-Based’ Component in China Phase 1 Accord

Price surges, logistical constraints continue to impact markets and boost inflation

Biden Meets with Sens. Manchin, Sinema
Biden Meets with Sens. Manchin, Sinema

Yellen talks with McConnell re: debt ceiling

Is Energy Price Spike in Europe a Signal for U.S.?
Is Energy Price Spike in Europe a Signal for U.S.?

California governor easily fends off Republican-led recall vote | WaPo comments on Vilsack

Slightly Lower Than Expected Inflation Data
Slightly Lower Than Expected Inflation Data

Finally, a nominee for ag spot at USTR, but problems with ag trade position at USDA

Summary of $3.5 Trillion ‘Social’ Infrastructure Package
Summary of $3.5 Trillion ‘Social’ Infrastructure Package

House Ways and Means Committee summary

Lowering Estate Tax Exemption Level Will Have Impact on Ag Sector
Lowering Estate Tax Exemption Level Will Have Impact on Ag Sector

Fuel prices surge in Europe | Big sorghum acreage boost | Debt limit pressure

Four-Page Document Includes Details of $3.5 Trillion Reconciliation Package
Four-Page Document Includes Details of $3.5 Trillion Reconciliation Package

Top corporate tax rate rises to 26.5% from 21% | Cuts some estate-tax discounts, no effect on family farms and businesses

Nine-Hour House Ag Panel Budget Reconciliation Markup Continues Monday
Nine-Hour House Ag Panel Budget Reconciliation Markup Continues Monday

Focus Tuesday on House Ways and Means’ tax policy instructions

Focus on USDA’s Supply and Demand Reports Today
Focus on USDA’s Supply and Demand Reports Today

China buys more U.S. soybeans | Huge impacts of proposed tax changes on ag sector

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Some House Ag Panel Reconciliation Spending Revealed

Current info is sans conservation spending

Tyson Takes on USDA, NEC Over Charges of Meat Industry Concentration Impacts
Tyson Takes on USDA, NEC Over Charges of Meat Industry Concentration Impacts

Vilsack writes WSJ op-ed on stepped-up basis | Klobuchar discloses breast cancer diagnosis

Vilsack to Join White House Briefing This Afternoon
Vilsack to Join White House Briefing This Afternoon

Politico: House Ag reconciliation package to include $1 billion for biofuels

Unknown: Why 8.4 Million Unemployed with 10 Million Job Openings?
Unknown: Why 8.4 Million Unemployed with 10 Million Job Openings?

Ida impacts | GOP Ag members want a say | Upbeat China trade stats | SALT push

USDA WASDE, Crop Production Reports on Friday
USDA WASDE, Crop Production Reports on Friday

White House comments on Sen. Manchin | Klobuchar wants to get rid of filibuster | Covid aid

Major Miss for Jobs Reports as Data Shows Delta Variant Slowing U.S. Economy
Major Miss for Jobs Reports as Data Shows Delta Variant Slowing U.S. Economy

Vilsack says hog, biofuel aid coming soon | USDA boosts farm income forecasts

Vilsack Discusses USDA Agenda at FJ Town Hall
Vilsack Discusses USDA Agenda at FJ Town Hall

Says more announcements coming on aid, climate; promises details soon for hog, biofuel sector aid

Manchin to Dems: Hit 'Pause' on Biden's $3.5 Trillion Plan
Manchin to Dems: Hit 'Pause' on Biden's $3.5 Trillion Plan

Manchin won’t support a $3.5 trillion bill, 'or anywhere near that level of additional spending, without greater clarity…'

USDA Significantly Boosts Farm Income Forecasts
USDA Significantly Boosts Farm Income Forecasts

Net farm income forecast highest level since 2013

Vilsack to Join Farm Journal Virtual Town Hall, Discussing Key Issues in Agriculture
Vilsack to Join Farm Journal Virtual Town Hall, Discussing Key Issues in Agriculture

NASS on possible acreage changes in Sept. 10 report | China turns to Brazil soybeans

Where Is $700 Million for Biofuel Producers... Top-Up Payments for Hog Producers?
Where Is $700 Million for Biofuel Producers... Top-Up Payments for Hog Producers?

STB rules against CN voting trust for Kansas City Southern deal

Fed Chairman Powell on Friday: Something for Everyone Re: Taper Timeline
Fed Chairman Powell on Friday: Something for Everyone Re: Taper Timeline

Hot commodity: water | Afghanistan | WOTUS redo | Infrastructure bills

Employment Report Friday | U.S. Farm Income Thursday | StatsCanada Monday
Employment Report Friday | U.S. Farm Income Thursday | StatsCanada Monday

Congress in recess but committee work continues on $3.5 trillion social infrastructure

Mourning in America as 13 U.S. Service Members Killed, 18 More Wounded
Mourning in America as 13 U.S. Service Members Killed, 18 More Wounded

Biden comments on Afghan situation | Focus on Fed Chairman Powell

New Jobless Claims Edge Higher Amid Delta Variant Concerns
New Jobless Claims Edge Higher Amid Delta Variant Concerns

China buys more U.S. soybeans | Pelosi comments on infrastructure deal with centrists

NPPC Helped Push Contract Producer Aid, Modifications in CFAP 2 Announcement
NPPC Helped Push Contract Producer Aid, Modifications in CFAP 2 Announcement

China: U.S. faces “most severe” inflation risks of any major economy

Biden Admin. Fails to Appeal Injunction Blocking Socially Disadvantaged Farmer Debt Relief
Biden Admin. Fails to Appeal Injunction Blocking Socially Disadvantaged Farmer Debt Relief

USDA: 2.8 mil. acres accepted into CRP; accepts nearly 1.9 mil. acres general signup

Wire Services Make RFS ‘News’ Even More Confusing
Wire Services Make RFS ‘News’ Even More Confusing

Biden tries to limit damage from Afghan withdrawal policy

Will Afghanistan Debacle Impact Timing and Details of Key Congressional Topics?
Will Afghanistan Debacle Impact Timing and Details of Key Congressional Topics?

House returns to packed agenda which will not play out until October or later

House Rules Panel Meets Monday Re: Budget, Infrastructure, Voting Rights
House Rules Panel Meets Monday Re: Budget, Infrastructure, Voting Rights

Biden risks being defined by Afghanistan crisis; was warned about a quick Kabul collapse

USDA Unveils More Dairy Aid, But Still No Formal Action on Dairy Donation Program
USDA Unveils More Dairy Aid, But Still No Formal Action on Dairy Donation Program

$350 million in pandemic aid payments to dairy farmers via PMVAP

Dairy Aid Announcement Coming Today as Vilsack Visits Vermont
Dairy Aid Announcement Coming Today as Vilsack Visits Vermont

Other USDA pandemic aid announcements coming soon

Focus Today on Release of FOMC Minutes
Focus Today on Release of FOMC Minutes

PPP fraud | Perspective on big boost in food stamp benefits | Pro Farmer Crop Tour

Biden Defends Withdrawal Amid Deadly Chaos in Afghanistan
Biden Defends Withdrawal Amid Deadly Chaos in Afghanistan

Centrist Democrats still insist on bipartisan infrastructure vote

Biden Administration to Announce Largest Permanent Increase in Food Stamps
Biden Administration to Announce Largest Permanent Increase in Food Stamps

Pelosi takes step to quell moderates’ budget rebellion