we have a display case with samples of cotton. , it israded by the usda all the same standard across the u.s.. grading offices in texas. how many, seven or eight in the whole nation. they grade the cotton primarily on eight different factors. the color of the fiber is a big part. rain and itlot of is harvested wrong, it might not be a bright white. all these different factors. [indiscernible] cotton have so many factors that can come into play. we have a bale of cotton here drawn on my farm. we shows a grade and explain the different factors that make the grade up. when you put the combination of a factors, you in up with a lot of combinations in the final grade. cotton has been good to our life. we owned and operated a cotton teachingafter agriculture in high school for 11 years, got into managing a cotton gin, and later buying shares of it and then owning 100% of it. , 1600 balesmall gin the first year, to 116,000 in 2007. inhad 85,500 bale average 2010. me the county i was in gave some scope. gins when ierating are six inday there that county. those six are probably doing more tha

in our omnibus appropriation act of 2018, we made a significant investment in a pilot project at the usda to improve rural broadband in unserved and underserved areas. the state of west virginia is right in there in terms of lack of broadband deployment in our most rural areas. the agriculture appropriations bill in this minibus builds on those investments and provides an additional $400 million into that pilot program. you know, closing the digital divide has been one of my top priorities. i started my capito connect plan and talk about the progress that can be made. but this pilot program will help us build on that progress and connect areas that previously lacked service making the highlight of the bill for me. we had a hearing today about 5g in the commerce committee about how -- how much quicker speeds and faster speeds and more advanced technology can improve the economy, can -- how it can be extrapolated to the numbers of jobs and the numbers of dollars into the economy. and so i'm a firm believer that technology is going to drive this, but for those areas that are still left behin

this is the idea the usda takes part in efforts to expand the market, convince buyers to buy u.s.ducts. aboutill all add up to $12 billion but we really will not know until after the fall harvest. last week, the agriculture secretary was saying they would announce the plan around labor day. they decided to announce it today. the president is speaking in iowa on thursday. he was in missouri today. looks like the real details will still wait until around labor day. the timing of this, we are not sure exactly why it was done this way but we know the president is in the midwest and farmers have questions. joe: where does the ute -- usda get the authority to spend $12 billion without it being -- by congress? >> the commodity credit organization, part of the usda, does have statutory authority to spend money for such projects during times of emergency. this is not unheard of. the obama administration, there was a big drought in 2012. you saw them buying pork, chicken, lamb, about $170 million worth. this time, obviously the order of magnitude is much higher. this is not a response to so

cotton is all graded by the usda, so it is an unbiased party. it is all the same standard across the u.s. there are four grading offices in texas. one in lubbock, 150 miles from here, and to others. i forget how many, seven or eight in the whole nation. they grade the cotton primarily on eight different factors. amount of trash in it, the length of the fibers, the color of the fiber is a big part. if we get a lot of rain and it is harvested wrong, it might not discolor, you want it to be a bright white. all these different factors. cotton have so many factors that can come into play. we have a bale of cotton here that was actually drawn on my farm. we show a grade and explain the different factors that make the grade up. when you put 8 combinations of factors, you end up with a lot of combinations in the final grade. cotton has been good to our life. we owned and operated a cotton gin, and after teaching agriculture in high school for 11 years, got into managing a cotton gin, and later buying shares of it and then owning 100% of it. we owned a sm

cotton is all graded by the usda, and unbiased party. it is all by the same standard across the u.s.. there's four grading offices. here. 150 miles from there is only -- probably seven or eight in the whole nation now. cotton-based this common factors, the amount of trash, length and color of fibers. we get a lot of rain, and the harvest might discolor it. -- is graded morning evening moisture, but cotton has got so many factors. we have a bale of cotton grown on my farm. we show the grade and explain the different factors that make up the grade. so, when you put eight combinations of factors, you end up with a lot of different combinations in the final grade. cotton has been good to our life. we owned and operated a cotton gin, and after teaching agriculture in high school for 11 years, got into managing a cotton gin, and later buying shares of it and then owning 100% of it. we owned a small gin, 1600 bales the first year, to 116,000 in 2007. we had 85,500 bale average in 2010. and a lot of growth. but the county i was in gave me some sc

. >>> one of the things we are focused on with the usda is the --. we take it for granted in the urban areas. a lot of kids growing up don't have the benefits of broadband. a lot of aquaculture depends on broad and to be over the plant the seed exactly what it should be. e-commerce, those kind of things, one of our big goals is to make sure that when we leave that we have a robust role broadband network across the country. >>> these are things to get by in the titles of top, you have one more, you are a pilot. >>> that's right. >>> tell me what you fly and when and are you safe ? >>> i hope i've been safe, i've been flying since 68. i have had no problem so far. about 10 years ago i wanted to get my rotary license and enjoy my helicopters. last sunday i went for my biannual flight review and pass. we are doing great. >>> your bucket list your dream was to fly from where to where and on what. >>> i am a single engine pilot. therefore i would like to take my single engine airplane across i just came back from alaska i would like to fly back across alas

here is the reality, and this is the usda that will tell you this. snap is subject to many audits and gao oversight reports, but it is one of the most effective federal programs we have with one of the lowest fraud and error rates. compare that to the pentagon and all the waste and abuse and the cost overruns in the pentagon. the fact of the matter is snap works. by the way, the average benefit is about $1.40 per person per meal. people can't live on that. that is why food banks will tell you in the middle of the month they are inundated with people because they have run out of money to buy groceries for their families. this is an effectively run program. it is constantly being reviewed. it has a very low error rate. even this administration will concede that. it is quite frankly underfunded. -- i't know how people can think the benefits are too low. we should be talking about expanding the program and making it better. this is the united states of america. we are the richest country in the history of the world. we have over 40 million people who were

now, while the usda has no plans to inspect cricket farms and the f.d.a. has, quote, no special rules for edible inspects, unquote, at this time, multiple bug-based companies have received federal funds to research and develop techniques to put bugs in your food. for example, bug-eater labs -- i'm not joking here -- bug-eater labs of nebraska has received $100,000 taxpayer money -- this is a grant -- to identify the most edible insects. with support from the usda, bug eater is testing bug-based pasta, ramon and macaroni noodles. now to get bugs into the food, the crickets are ground into a powder and mixed into pasta dough. bug eater hopes to secure another $600,000 in federal funds to cover the cost of developing and manufacturing a commercial-ready product made from bugs. now, separately, all things bugs of georgia -- i'm not kidding again. that's a real company -- has received nearly $1.3 million in reducing our -- for reducing the cost of and improving the efficiency of farming crickets as food ingredients. they currently produce and sell cricket powde

this comes on the usda saying it has raised its 2019 u.s. so i reserve forecast 51% on lower exports. now helping the s&p 500 take a look at northrop grumman. shares of the defense contractor up 2.9%. it's best day since early may. on july 20 fifth that earnings could be stronger than what investors are looking for. speaking of earnings tomorrow of course the big banks will be reporting. jpmorgan, citigroup and wells fargo all reporting tomorrow before the bell a bit of a mixed picture. investors on hold. there are reports that that could be eating into the investment banking revenue for some of these big banks. thank you so much. coming up, it inflation, tariffs, full employment. just some of the issues facing the fed. we will hear from patrick harker. this is bloomberg. ♪ shery: this is bloomberg markets: balance of power. i'm shery ahn. david: i'm david westin. we turn to mark crumpton for bloomberg news. >> peter strzok's testified for the first time on capitol hill about disparaging text messages he allegedly made about then candidate d

the usda said that is in the interest of equal access, will the access really be equal?ill it just go with whatever firm can come up with the best data scraping software to get their headlines out before everyone else and literally make millions of dollars? i have been covering this report for more than year and i feel like we have been doing a pretty good job. we will continue to do a good job but we are living in a different world. alix: fair point. thank you. let's get right to the ring. three charts, three trades of the week. industrial metals hit hard. goldman sachs lowering its price target for industrial metals and say that fear trumps fundamentals. i'm joined by our mining analyst from princeton. kick it off with copper, how do we hit bottom? andrew: i don't think we have just yet. we think some underlying trackers in the macro index, which include the dollar, the chinese yuan and capital flow proxies, could deteriorate a little bit further. with that being said, the downside seems a bit limited here, maybe 5% or 6%. the level on the bottom would be about 5800 on

the usda said that is in the interest of equal access, will the access really be equal? simply not going to go with whatever trading firm can come up with the best data scraping software together headlines out before everyone else, and literally make millions of dollars over that worldwatch report? i have been covering this report for more than year and i feel like we have been doing a pretty good job. we will continue to do a good job, but, we're living in a different world. alix: fair point. thank you. let's get right to the ring. three trades of the week. industrial metals hit hard. goldman sachs lowering its price target for industrial metals and saying that fear trumps fundamentals. i am joined by andrew caused her, bloomberg intelligence senior energy and mining analyst. he joins me from princeton. picking up with copper, have we hit bottom? andrew: i don't think we have hit bottom just yet. we think some underlying trackers in the macro index, which included the dollar, the chinese yuan and e.m. capital flow proxies, could deteriorate a bit further. with that bein

farmers from the usda. this is bloomberg. ♪ vonnie: this is "bloomberg markets." i'm vonnie quinn. da: i'm amanda lang. we have breaking news. moments ago, a conference call with the agricultural secretary can from a $12 billion in aid for farmers affected by tariffs. after months of promises, some details will now emerge. we go to justin by telephone. start with whether there is any kind of discussion on the framework. there have been discussions about the outright purchase of commodities, so do we know how this will work? justin: no great detail on how it will work, but what we know is the usda announced it will be about $12 billion in aid to farmers, primarily those herds by the back and forth on trade. we expect the package to include food purchases, direct payment, and a trade development options. how exactly it will be separated out is still to be determined. is usda says the rule expected in the next couple weeks and we should have details by labor day, but it certainly is -- the framework and suggestion that the administration is bracing for the impact of the trade policies

this $12 billion aid package came out of the usda, aimed at farmers, direct transfer payments, the governmenting to try to buy some commodities. they say they will try to extend relationships with other countries. these tariffs are already costing the economy. to fix this, we are putting more money into this. one of the numbers i thought was interesting to compare to the $12 billion, the steel and aluminum tariffs are going to put $9 billion of money into the general fund, paid out by american companies that are going to have to buy imported steel and aluminum. we are putting $12 billion into the pockets of farmers. this is not free trade. republicans were griping. no one on capitol hill seems to like this. trump's tweets seem to be more leveled at fellow republicans. carol: taylor riggs is here. we wanted to take a bigger look at what is going on in the agricultural sector. taylor: carol, this is such a lousy time for a trade war. you have the agricultural industry really in a slump, with prices falling and supply rising. in blue, the u.s. net farm income, now down to below $60 billion. in w

here is the reality, and this is the usda that will tell you this. is subject to many audits and gao oversight reports, but it is one of the most effective federal programs we have with one of the lowest fraud and error rates. compare that to the pentagon and all the waste and abuse and the cost overruns in the pentagon. the fact of the matter is snap works. by the way, the average benefit is about $1.40 per person per meal. people can't live on that. that is why food banks will tell you in the middle of the month they are inundated with people because they have run out of money to buy groceries for their families. this is an effectively run program. it is constantly being reviewed. it has a very low error rate. even this administration will concede that. it is quite frankly underfunded. -- i't know how people can think the benefits are too low. we should be talking about expanding the program and making it better. this is the united states of america. we are the richest country in the history of the world. we have over 40 million people who were foo

we got a $12 billion aid package that came out of the usda, aimed at farmers, direct transfer paymentse government is going to try to buy some commodities to put them into food banks. they say they will try to extend relationships with other countries. i am not sure how that will work. these tariffs are already costing the economy. it is early, but the indications that it is. to fix this, we are putting more money into this. one of the numbers i thought was interesting to compare to the $12 billion they are given to ag states, the estimates are that the steel and aluminum tariffs are going to put $9 billion of money into the general fund, paid out by american companies that are going to have to buy imported steel and aluminum. so we are getting $9 billion on one hand in the general fund and we are putting $12 billion into the pockets of farmers. is not free this trade. they were griping about this. no one on capitol hill seems to like this. trump's tweets seem to be more leveled at fellow republicans. carol: that was the news out of washington about the subsidies to farmers. taylor rig

according to the usda...the late july harvest is expected to be record breaking... challenges lie ahead(jake wenger, farmer) 'every farmerús going to feel it.... to the extent, a little bit yet to be determined.'the ongoing trade war with china... and the presidentús threat to raise tariffs with that country could mean potential hardships on farmers (jake)'i donút know that the impacts will be great enough to push people out of the market or to tear out orchards and plant something else.'the almond board of california reports china is the second largest export market for the fruit... come what may.... father and son growers paul and jake wenger... whose farms economically support at least eight families... say theyúre prepared(paul wenger, farmer) 'if we have a good year than the next year i have a little bit of a cushion for that year.'(nats almond sorter)the board adds almond farmers and processors support 104- thousand jobs in the state... 97-thousand of which are in the central valley alone(nats almond sorter)(kay recede in stanislaus county)'the wenger family s

the usda announcing a $12 billion aid package to farmers. when will it be deployed? s. the white house announced $12 billion in assistance to farmers. it will come in three ways. one is direct purchases of commodities like slightly -- like soybeans, what has been targeted under this trade action going back with china and other countries. you also have direct purchase of commodities, everything from almonds to legumes to other forms of not, fruits, and vegetables. finally, you have a little art funding -- a little more funding for trade promotion. this is the president's own trade policies creating the situation, which has a lot of republicans concerned in terms of precedent in the amount of money being spent to bail out farmers. ♪ >> theresa may is stamping her foot on the european union. the prime minister says she is taking control of negotiations brussels, directing strategy from her own office. that comes after months of tensions between the former brexit secretary, david davis, and her chief europe advisor. is it as simple as, she's back in charge, we will get a

the latest numbers out of the usda predict that this year, net farm income, the median number, half of farmers below, half of all farmers above, should be negative. it is very difficult economically right now. in this last week, a lot of what has been in the news has been about trade and tariffs and disruption in the u.s. market. we have lost massive amounts of money in the agricultural market in the last month and a half or so, and even maybe a bit before oft, with all the talkf tariffs came out of the white house. now that they have been put in place, we have seen dramatic increases in prices for farmers. host: as we are having this conversation, we want to hear from farmers and those in the agricultural industry. if you want to join the conversation, (202) 748-8000. all of us can colin that (202) 748-8001. roger johnson will be with us until about 8:30, so you can colin now. bring it to let's one of the main announcements from the white house this week concerning farmers, the $12 billion in aid for farmers impacted by those trade deals. is that something you are in favor of, and wha

interestingly enough, hud already services more of the rural community than usda does so it's not a difficult shift, and the whole purpose of the reorientation is to prevent duplication, and to increase efficiency. one thing we have to reek nice right -- recognize right now is we have a severe fiscal crisis looming. 30 years, if we continue to accumulate debt at the same rate, every penny we take in will webe bad to servicer the date. there will be no money for cdbf or money for any program or money for the military a lot of countries have been bankrupt. it's a disaster when it happens. affects everybody, and they knew 30 years ahead of time they were glowing, too but didn't do anything. you have to say you have to have money for this women have to learn to be fiscally responsible and at the same time, take care of our coverage compassion that needses and we do that if we work together. >> thank you. like all good reorganization plans everything has to to be considered by congress and passed in this body the other body. having set for a number of years next to the owe mb director when he was

that's based on the next marketing year with the usda projecting that farmers are going to get $.75 lessersold beans when you have a 4 billion bushel crop is farmers planted more acres of soybeans than corn for the first time in 35 years this spring. bet and farmers could lose this year. shery: bloomberg news correspondent alan bjerga, thank you. sign up for the bloomberg newsletter. bloomberg politics.com. get the latest on global politics in your inbox every day. coming up, meredith sumpter the head of research strategy at eurasia group will give her on the latest on china tariffs. this is bloomberg. ♪ >> i'm mark crumpton. new york, new jersey, connecticut and maryland are suing the federal government over the republican lead tax overhaul. the legislation caps the deduction for state and local taxes at $10,000. andrew cuomo claims the tax bill is unconstitutional and was crafted specifically to hurt blue states. iran says there is room for nuclear cooperation with the united states. the spokesman for the nuclear agency of iran said it wants washington to stop its hostile policy toward

their shipments dropped by 50% in the second quarter alone. in another sector, usda reported that china canceled nearly $140 million contract at the end of june. as you will hear in a few minutes our witnesses from washington state, terry producers are feeling the pinch. -- terry producers are feeling the pinch during their short season as they feel a 25 percent tariff in china. today we will hear from a broad range of american agriculture producers about the real world impact of increased tariffs. i am eager to hear from our witnesses today and learn how these tariffs are affecting their farms, families, and communities. our hearing will focus on both u.s. tariff increases related to the section 232 action on steel and aluminum and the section 301 tariffs on china as well as retaliatory tariffs from around the world. i look forward to learning from our excellent tamil -- panel of witnesses. some have traveled a long way to be here with us. we will continue to engage with the president and members of the administration and how we reach a durable solution to the chall

largest agricultural export, $20 billion sold last year according to the usda. a buys more than 30% of that supply. of the 11 midwestern states that produce them, 9 voted for president trump, and strategists say the chinese are betting if they keep putting tariffs on products grown or manufactured in states that voted for the president, the trump administration will back off. american advisers say the chinese are making the wrong kind of bet with the wrong kind of president, lou, and we'll leave the fed conversation for you,, if you like, but the president is breaking protocol speaking on the dollar, breaking protocol speaking about the fed, but maybe it's time to try something new. lou: i think my only thought on it would be to hell with this protocol. this president is making sense. it's something that doesn't often have in public discussions of monetary policy, fiscal policy he is bringing to bear the full weight of his office to make sense, and trade, you know, here is -- this is interesting. the economists in this country, most of them paid by major firms wh

i learned from industry sources that that could potentially utilize the existing programs within the usda certain risks and price coverage in markets like dairy, like pork, like soybeans we'll see what is announced this afternoon, whether that aid will be distributed directly to certain districts, farmers, certain businesses, or whether it will be potentially targeted at certain markets to lift prices of certain crops that have fallen in months since retaliation has taken place. we expect that this afternoon. we'll let you know as soon as we have more details. back to you. >> big political implications for red states thank you. >>> and jon, deere and caterpillar up not as big as deere, but it is popping. >>> coming up, general motors car showing plan unveiling a new peer to peer program. >>> and president trump weighing in on trade, tweeting tariffs are the greatest we'll take a closer look at the paf tariffs on big tech. "squawk alley" will be right back don't go away. goooooooaaaaaaaallllllll! that...was...magic. willingham tucks it in and puts the championship to bed. sweet dreams, nig

new numbers from the usda show a decline in lemon crops has driven wholesale prices up almost 40%. >> oh, brother. and more heat is. cog by the way. >> drew tuma is here with the latest on that. >> and wile t warmest afternoon tomorrow, all week for folks inland. we're seeing numbers soar into the 90s if not close to the century mark by afternoon. overnight the fog slowly pulling into the coast and the bay. mid- to upper 50s there. but mild away from the coast. we're holding into the 60s. that's the launching pad to get you warm pretty quickly on your wednesday. here is a 12-hour day plan. to break it down, sunny skies. but by 4:00, all about that intense heat. and then we're in the upper 90s in a lot of spots. so highs on your wednesday. beat the heat, go to the coast. 63 for half moon bay. 87 in san jose on your wednesday afternoon. 74 in oakland. about 68 in san francisco. but you're look in the north bay. santa rosa and napa in the low 90s. even farther to north, cloverdale and lake port in the triple-digits. the coast certainly a cool spot. but it will have a beach hazard today a

that's according to the usda. china buys more than 30% of that supply u and of the 11 midwestern states that produce them, feline voted for president trump. strategists say that chinese are betting if they keep putting tariffs on products that were grown or manufactured in states that voted for president trump, the trump administration will back off, especially ahead of midterms this november. american advisors say the chinese are making the wrong kind of bet with you wrong kind of president. bret, back to you. >> bret: deidre, thank you. endangered species and how they are handled is going to change that's according to officials at the interior department bracing for emotional and heated reaction to their moves. tonight correspondent ellison barber tells us what's behind the changes. >> supporters say the endangered species act is critical when it comes to protecting the ecosystem the bald ego, gray wolf, grizzly bear alligator. burdensome, harmful to businesses and outdated. >> even the u.s. constitution has been

and the acres increased by 15% according to the usda. pennsylvania's been a leading state in organic agriculture with 800 farms across the commonwealth. organic is being supported in a variety of ways. through the pennsylvania certified organic, penn state activities, stakeholder organizations and the state department of agriculture, many are helping those who transfer to organic farming. and title 10 of the farm bill is the horticulture portion of the law which covers specialty crops, local and regional foods and organic agriculture. it included $34 million annually to organic producers. this supports the agriculture research and extension initiative. the national organic certification cost share program and national organic program and data initiative. the farm bill also authorizes the beginning farmers and ranchers program, the farmers market and local foods promotion program, the market access program, the equip organic initiative. and conservation programs. mr. speaker, as you know the house and senate has been working diligently to

the latest usda monthly numbers show total pounds of stored beef were up 8% yr over year. ozen pork is up slightly from lastr. y analysts say the numbers are not record setting, but big and g. forbod >> we're definitely expecting inventories to continue to increase and we're expecting a huge increase in production this fall, record high. >> the a aunt of meat cold storage has been building in part because of low feed prices ich is a major cost for eroducers, but demand has also been on the ris especially from export markets. analysts say meatce pors have increased production to fulfill the growing needs, but eventually ballooning supply outpaced demand and now with trade tariffs and exports to china and mexico. some analysts say it's just a matter of time bore the rising supply of frozen protein will eat into profits of meat dumps. >> as it stands today, you would expect prices to drop especially for products impacted by the tariffs. >> price drops could hurt farmers which is why today the trump administration announced plans to offer up to $12 billion in aid to farmers hit

provided to us regarding the overall administration proposals particularly as it relates to some of the usda proposals, so i'm hoping that we won't see the same kind of reluctance or inability to provide background or in ... today because this is an important function and i think senator lankford and i know that there has been increasing frustration not only with the public towards this agency, but also internally with other agencies who have to work and expect they are going to get a more rapid response. so i think that the proposal is interesting and something that needs to be explored and we have to work together to see how that would be carried out if they are actually going to see efficiencies. we need information so we can fulfill our oversight duties and also protect federal workers. federafederal employees are absy critical to the proper functioning of government and we can't have the nation or citizens without a strong federal workforce so i want to thank you and i look forward to your testimony. thank you for coming in. >> they will proceed with testimony from the witnesses. the ad

cotton is all graded by the usda, it is an unbiased party. is held at the same standard across the u.s.. there are for grading offices in texas, one in lubbock, 150 miles -- one in 50 miles. you are probably seven or eight in the whole nation -- there are probably seven or eight and the whole nation. there are probably eight different factors, the fibers, the color of the fibers, we get . lot of rain and harvest cotton is graded more than any other commodity on the farm. cotton has so many factors that come into play. we have a cotton here that was grown on my farm. we show the grade and explain all of the different factors that make that great up. -- that grade up. you can end up with a lot of combinations in the different grade -- final grade. it cotton inerate after teaching agriculture in high school for 11 years, i got in andnaging the cotton small we went from a very 116,000 in 2007. growth. lot of -- butcounty i was in the county i was in, we had 34 operating gyms when i went in. today, there are six operating gyms in that county. they

president's message in the heartland in kansas city, missouri, for what it's worth guys, before the usdaing call i spoke to the soybean farmer and asked what it means for him. he says $12 billion is not inconsequential but a band aid str. >> thanks for the details. coming up sell it or smell it? that's how one analyst summarized the oversupply troubles facing the meat industry you can't let it sit around like other stuff. live at a butcher shop for that. s plus biogen earning a ahead of the earning day tomorrow first though, apparently it's exodus from pay tv court cudding outpacing projections which media companies impacted the most? that's next. ssed? an energy company helping cars emit less. making cars lighter, it's a good place to start, advanced oils for those hard-working parts. fuels that go further so drivers pump less. improving efficiency is what we do best. energy lives here. [ horn honking ] [ engine revving ] what's that, girl? [ engine revving ] flo needs help?! [ engine revving ] take me to her! ♪ coming, flo! why aren't we taking roads?! flo. [ horn honking ] -oh. you ma

it appears that the rural community development programs would stay at usda. w would the administration's reform plan proposal to move some of the usda housing programs to hud, while leaving other housing programs at usda benefit our rural communities? >> well, first of all, you know, these are very high level initial thoughts that are coming out. there hasn't been any substantial reorganization of government for almost 100 years. and the attempt to -- it's really to put like things under the same roof, to try to cut down on some of the duplication. you know, in terms of rural housing, hud already does more than usda does. so that is not a difficult move at all. and usda agrees. they said please take it, you know, no problem. so that's the rationale behind it. >> you believe it will streamline -- the people that report to you believe the streamline process within hud is going to be beneficial to rural communitys? >> absolutely. >> thank you, mr. secretary. i yield back >> gentleman yields back. the chair now recognizes the gentleman from california. >> thank yo

it's authorized in the usda and part of their rules and we are using that to temper this. ary measure, hopefully to show china and other countries they cannot bully the u.s. into caving in on unfair trade practices that's exactly what president trump's strategy is and i think it will work and certainly we'd rather have trade than aid and restore the markets but not at unfair practices. maria: what's plan b if they don't stop, continue retaliating? >> that's their decision, i think the pain will get worse on them going forward as the president said, you see the eu is in town today looking to negotiate and talk about these things, we think we are very close to an agreement with mÉxico and often times the president doesn't like to do this but when people don't play fair you have to throw the following. maria: tell us the details on aid package, $12 billion, how soon will farmers feel it? >> the details will come out in probably mid to late august and program begins after labor day, september the fourth when farmers are able to sign up there. they'll be a portion of payments di

last year the usda designated the county as a disaster area due to damages caused by the drought. more than 70% of juab is controlled by federal government while significant federal ownership and control of land in wruth is often the source of contention, juab county has developed a cooperative and constructive relationship with their local federal partners. the forest service currently owns a small property just over two acres within the town of nefi the county seat of juab county. it's been vacant and unused for years an was identified as available for disposal several years ago. this property is known as the nefi work center. my bill, the juab county conveyance act, would convey the pot to the county. juab intends to use the property to house their wild lands fire team, part of their special service fire district. this would enable the county to more effectively mitigation fire risk and protect juab county residents and both forest service and b.l.m. land within the county. as a former mayor who has dealt with fires in and around my community including on public lands, i want t

big agribusiness, not the small farmers. >> you see flashes of the dna -- >> every so often. >> the usdarporation to buy up surplus goods, so we'll be produces a lot of food that no one will eat and will sit in a pile and rot. it's incredibly inefficient, sort of the thing that republicans know in their marrow is wrong, bad economic policy and they have opposed all the way up to january 2017. >>> what is the legal fallout from that recorded conversation? we'll have chuck rosenberg who served as an aide to robert mueller that's straight ahead on "morning joe." with tough food, your dentures may slip and fall. new fixodent ultra-max hold gives you the strongest hold ever to lock your dentures. so now you can eat tough food without worry. fixodent and forget it. >>> o. if you could hear the conversation in the break. ivanka trump is closing her namesake fashion company to turn her focus to long-term policymaking he stepped away to avoid ethics problems, but remained to own it in the truth. despite soaring sales leading up to the 2016 presidential election, the brand became a lightning rod f

cotton is all graded by the usda, so it is an unbiased party. s all i the same standard across the u.s.. there are four grating offices in texas, one in lubbock, 150 miles from here and two more in other parts of texas. there are not many, maybe seven or eight in the entire nation. but they grade this cotton based on primarily ate different -- eight different fibers. the strength, the caller -- color, the length of the fibers. there are all of these different factors when growing cotton, when with corn and wheat it is mostly moisture and externals. we have a bale of cotton here that was grown on my farm, and we show the grade and explain all the different factors that make that grade up. so when you put these combinations into play, you can end up with a lot of different combinations in play. good in oureen life. we owned and operated a cotton gin after teaching agriculture in high school for 11 years. we got into managing the cotton gin, and later buying in shares of it, and later on 100% of it. we went from a very small gin, es our first year t

as one farmer i spoke to this afternoon said the devil will be in the details and that's what the usda is going to focus on for the next few weeks >> republicans, where they getting onboard, hand outs, bail outs, that's not typically a policy we see from republicans >> no, and certainly the policy certainly seemed to land with a thud on capitol hill some republicans are calling it a bail out republican ben sass of nebraska called it golden crutches for farmers who have head their legs kicked out from under them by the administration's trade policy so certainly lawmakers are not mincing words about their feelings about this program. but that being said, $12 billion while it is not inconsequential for some of these farmers compared to other government programs it is not something that will necessarily break the bank, but ideologically it's something very hard for republicans to wrap their minds around >> kayla, thank you very much for that meantime president trump touting his trade plan on twitter this morning. writing, quote, tariffs are the greatest either it a country treats us fairly

in the majority of places, some places need some help, you know, those have been the reports from the usdathink is a temporary assistance measure. i don't think it's going to get near to $12 billion. i think that sums are going to be much lower. nobody's really thrilled about that, we're just trying to protect american agriculture from some of the unfair trading pras ti practices. >> it is unfair criticism and it comes from the editorial page to a whole bus load of republicans. and the argument is this is to fix something that the administration created. "the wall street journal" says the trump administration is trying to fix an economic problem of its own making. >> well, i'm afraid, you know, my good friends at "the wall street journal" editorial page, brothers actually, and sisters. but, look, i would argue, don't blame president trump. i have said this so often. the world trading system is broken. the wto is broken. there's no reciprocity left. china is the worst offender, but not the only one around the world. trump's trying to fix trading malpractice that goes back several decades. h