Insights on the Current Status of the Farm Bill and Potential Impacts
Gain valuable insights into the current status of the Farm Bill presented by Joe L. Outlaw, highlighting key issues such as Cotton and Dairy Fix, along with factors like immigration reform and primary elections that could influence the bill's progress. Understand the implications of China's soybean imports on the U.S. market and the upcoming state primary election dates shaping the legislative landscape.
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Presentation Transcript
Status of the Farm Bill Joe L. Outlaw Regents Fellow & Extension Economist Co-Director, AFPC Farm Foundation Forum Washington D.C. February 13, 2018
Presentation Outline My Perspective - 6th Farm Bill - Farm Level Work for the Committees - Need For a Farm Bill The 4 Principals and Key Farm Bill Issues - Cotton and Dairy Fix Other Issues That Could Impact Farm Bill Farm Bill
Issues that Could Impact Timing of and/or Derail the Farm Bill This Year Immigration Reform Welfare Reform Infrastructure Trade - NAFTA - China - TPP Primary elections and November election - Congressional Calendar Outside Groups
China soybean imports from U.S. 2016/17 data U.S. soybean exports to China mil. bu. 1,332 1400 1200 1000 U.S. soybean exports China imports as share of total U.S. soybean exports 2,174 61% Million bushels 800 600 U.S. soybean production China imports as share of total U.S. soybean production 4,296 31% 400 200 Source: USDA FAS GATS database and WASDE, January 2018 0 1992 1996 2000 2004 2008 2012 2016
2018 State Primary Election Dates 20 19 18 17 16 14 Number of States 12 11 10 8 6 5 4 2 2 1 0 0 0 0 March April May June July August September October November Texas is March 6th
