
The U.S. House passed a five-year reauthorization of USDA’s grain inspection program on Monday.
The bipartisan United States Grain Standards Reauthorization Act includes some updates to the existing law, which expires Sept. 30, that are aimed in part at promoting new technology. The bill would require USDA to prioritize the adoption of improved grain grading technology to enable the efficient, accurate, and consistent grading of grain, and the legislation would exempt equipment and technology costs from a 30% cap on administrative and supervisory expenses that may be incurred under the law. The cap is intended to limit the overall cost of the program.
Mike Seyfert, President and CEO of the National Grain and Feed Association, calls the legislation “a must-pass bill for the entire grain value chain.”
Source: NAFB News Service