Commodity Credit Corporation

House Approves Continuation, Reimburses CCC
House Approves Continuation, Reimburses CCC
House Approves Continuation, Reimburses CCC
The House voted Tuesday to extend federal funding through mid-December, meaning the threat of a government shutdown wont be completely addressed until after the presidential election. The bipartisan vote came shortly after top Democrats and Republicans agreed to a reimbursement of the Commodity Credit Corporation, providing billions of dollars for the farming sector ...
Roberts Says Farm Bill Future Depends on CCC
Roberts Says Farm Bill Future Depends on CCC
Roberts Says Farm Bill Future Depends on CCC
Senate Ag Committee Chair Pat Roberts took part in a discussion on the Senate floor this week about the replenishment of the Commodity Credit Corporation. The Kansas Republican pointed out that failure to do so would not only hurt already-struggling farmers, ranchers, and growers, it would jeopardize the implementation of the 2018 Farm Bill programs ...
AFBF Leaning On Congress To Address CCC
In a typical year, funding for the Commodity Credit Corporation is one of the least controversial items on Capitol Hill. However, as we’ve learned the hard way, 2020 is not your typical year. Andrew Walmsley, senior director of congressional relations with the American Farm Bureau, said CCC funding is in jeopardy unless Congress approves money that USDA needs to support farmer and ranchers. ...
Grassley Confident Ag Will Get Additional COVID-19 Help
Grassley Confident Ag Will Get Additional COVID-19 Help
Grassley Confident Ag Will Get Additional COVID-19 Help
Senate Finance Chairman Chuck Grassley said last week he is confident there will be additional help for farming in what will likely be the last major pandemic stimulus bill. While he’s confident that Congress could pass such legislation quickly, he’s less confident of the amount. When it c ...
AFBF: More Farmer Assistance is Necessary
The American Farm Bureau Federation is asking lawmakers to provide more critical resources to farmers hurt by COVID-19’s impact on the food system. The Federation is also looking for more help for rural communities struggling with the pandemic’s impacts. AFBF said ...
Ag Aid Package Coming Soon
Ag Aid Package Coming Soon
Ag Aid Package Coming Soon
The USDA may roll out a plan to provide relief to farmers this week. Reuters reports the plan may be unveiled soon, as part of the billions of dollars in funding made available to farmers and ranchers through the CARES Act. USDA sources say the initial plan will include direct payments to farmers, using CARES Act funding, and other resources ...
USDA Working on COVID-19 Aid
USDA Working on COVID-19 Aid
USDA Working on COVID-19 Aid
Agriculture Secretary Sonny Perdue said the USDA is working on a plan to allocate relief funds to farmers. On Wednesday, Perdue said the $14 billion allocated to the Commodity Credit Corporation, "would come later," however, noting the CCC has only $6 billion in borrowing authority currently ...
Northwest Lawmakers Call For Assistance For Cattle Producers
On Wednesday, Senators and Representatives from across the Northwest and across the country, called for immediate assistance to cattle producers. Lawmakers sent a letter to Ag Secretary Sonny Perdue, asking that resources allocated under last week’s CARES Act be used to help cattle producers facing market volatility in the wake of the coronavirus pandemic and economic fallout. Tha ...
Newhouse Continuing Resolution Good For Washington Ag
Newhouse Continuing Resolution Good For Washington Ag
Newhouse Continuing Resolution Good For Washington Ag
On Thursday, the House of Representatives voted in favor of a continuing resolution to keep the government funded through November 21st.  Central Washington’s Dan Newhouse said the hope is the continuation will give the Senate time to complete their needed work on appropriation bills for the upcoming year.  Newhouse...