Jim Wiesemeyer

Jim Wiesemeyer is well known to Pro Farmer Members for his long tenure as Washington Bureau Chief for Pro Farmer. Now with agricultural consulting firm Informa Economics, formerly Sparks Companies, Inc., he is still offering his expertise and insight on farm policy, trade policy and Washington politics as a consultant to Pro Farmer. His Inside Washington Today column on AgWeb.com is a must-read item to keep up with the latest in Washington developments.

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Rising inventories and declining auction values strain dealers, farmers, and manufacturers, leading to layoffs and financial pressures across the industry.
Agriculture can sometimes act as a buffer during broader economic recessions, as demand for essential food items tends to remain relatively stable. However, when multiple indicators align in the industry, it can signal a recession.
Agricultural imports are expected to reach a record $212 billion, up $8 billion from FY 2024. This increase is largely due to rising imports of horticultural products, sugar and tropical products.
The decision was made by U.S. District Judge Lisa Godbey Wood, who found the rule unconstitutional because it conflicted with the National Labor Relations Act (NLRA) by granting collective bargaining rights to farmworkers.
Recessions often lead to decreased demand for certain agricultural products, particularly those considered discretionary, such as cotton, dairy, specialty meat products and vegetables. This can result in lower prices for these commodities, affecting farmers’ revenues.
Walz’s selection is seen as a strategic move to appeal to rural voters and progressives, given his track record of progressive policy achievements and his Midwestern charm.
House Ag Committee Chair GT Thompson (R-Pa.) believes the CBO’s methodology underestimates the potential savings criticized them for what he sees as a history of underestimating Commodity Credit Corporation (CCC) outlays.
New research finds the surge in grocery prices was driven mainly by substantial increases in commodity prices and supermarket wages, rather than price gouging.
This decision marks a significant transformation in Vance’s political career, as he has evolved from being a vocal critic of Trump during the 2016 election to becoming a staunch ally and supporter of the former president.
The Supreme Court decision is expected to shift more interpretive power to the courts.
A contentious House Ag Committee markup of a new $1.51 trillion farm bill began on Thursday and ended early Friday with four Democrats joining all Republicans in voting for the measure, bringing the final tally to 33-21.
The House Ag Committee on Thursday will mark up the House farm bill. House Ag Chair GT Thompson told AgriTalk the panel will have the votes to clear the panel, but he has yet to receive any firm Democratic support.
Some Republican House and Senate members have expressed their concerns to USDA Secretary Tom Vilsack, particularly regarding the new payment formula used for ERP in 2022.
Farmers are opting to tap into their savings from recent prosperous years instead of taking out loans at the highest interest rates since 2007, according to surveys conducted by regional Federal Reserve banks.
With the government funding in place for now, work on a new farm bill can continue, with the same questions (timing, funding, Title 1 reform, etc.) still being unanswered.