With October on the calendar, that means that the 2008 farm bill officially expired on Sunday. NC Ag Commissioner Steve Troxler says that everybody in ag is disgusted with the situation:
“Everybody in agriculture is aggravated and disappointed that we don’t have a farm bill. The bad thing is that the house and senate are not coming back in session until after the November elections"
So, after the elections, does that mean that there’ll be work on a new farm bill?
“Even then it’s unclear whether congress is going to pass the legislation before the end of the year or wait for a new congress to begin its work in January. When a new congress comes in there is a lot of things that happen to slow down business with congress in the beginning.”
All of 2012 crops are covered under the 2008 bill, the first crop that may see some problems will be winter wheat, when harvested in the spring of 2013. For more from NC Ag Commissioner Steve Troxler click here.
South Carolina’s New Districts to Stand
South Carolina's redrawn state house and congressional maps are being allowed to stand.
The U.S. Supreme Court on Monday summarily affirmed a federal court's ruling that South Carolina's new lines are fair and don't discriminate.
Six black voters sued, claiming the GOP-dominated state Legislature drew lines that segregate white and black voters into election districts and pack black voters into one congressional district. They called it "voting apartheid."
But a federal panel says plaintiffs provided no convincing evidence that legislators drew the lines to dilute the voting power of blacks.
Fed Chairman Working to Stimulate Economy
Fed Chairman Ben Bernanke says the purchase last month of US securities was justified in the struggling economy.
“We expect the economy to continue to grow. We are not expecting a recession. But with an economy that is growing only 1.5%, that is not fast enough to lower the unemployment rate.”
Aporkalypse a Bunch of Baloney
Attention Bacon Lovers. Steve Meyer, President of Paragon Economics, and a consultant to the National Pork Council says don't worry about any bacon shortage in the coming year. But be prepared to open your wallet – wide. Meyer says more pigs are headed for slaughter now, and fewer newborns are expected next year, so yes, pork supplies will go down, but there'll be no shortage.
“Pork supplies will be down a bit, prices will be higher, but there will be no standing in line for pork or bacon.”