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R CALF Wants Anti Competitive Provision In Farm Bill

A group of Senators including Tim Johnson of South Dakota, Chuck Grassley of Iowa and JohnTester of Montana are pushing to prevent a House farm bill provision from getting into the final farm legislation package.  R CALF CEO Bill Bullard says the Senators want to make sure USDA can still implement rules to prevent anti ag competitive practices of meat packers.

Bullard says some House members are trying to make permanent a provision that keeps USDA from putting forth rules by taking away its funding for those purposes.

He is also concerned that grid lock continues in Congress and that time is running out for them to complete a full five year farm bill. The present legislation expires October 1.

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Soybean Stocks Surprise in USDA Report

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U.S. soybean ending stocks were a surprise in USDA’s Quarterly Stocks Report at only 92 million bushels. This is below…