Carolinas have a lot to lose and gain on the still un passed farm bill
North Carolina and South has a lot to lose and gain on the still un passed farm bill. As it contains several full of programs that affect agriculture, North Carolina’s top industry. Included are: Crop insurance, funding and new programs.
But about 80 percent of the bill is spending for nutrition programs, particularly the Supplemental Nutrition Assistance Program, or SNAP, formerly known as food stamps. In North Carolina and South Carolina, around 1.5 million are receiving these benefits.
The Senate passed a $955 billion five-year bill in June with bipartisan support. It cut $4 billion from SNAP. The House of Representatives passed legislation that reduced SNAP by $39 billion.
The cuts that the House approved would affect an estimated 165,000 people in North Carolina between the ages of 18 and 50, according to a study by the Center on Budget and Policy Priorities, a research institute.
One idea being considered is setting spending on the nutrition program somewhere between the House and Senate levels, but no one is certain what House Republicans will support, said Daniel Haley, a lobbyist for farming interests.
It’s also possible that Senate Democrats would rebel over a bigger SNAP reduction.
Pork Exports Down in Volume and Value
Through October – year-to-date pork exports are down in volume and value. Why? Pork Checkoff Vice President of International Marketing Becca Hendricks cites market access issues:
“There has been an issue with Russia on their ban of any pork from hogs that were given ractopamine. We are exporting zero pounds to Russia. There have been some customs inspection issues in Japan and also the value of their Yen has decreased. That makes importers nervous. South Korea volumes are down because they have high domestic supplies.”