U.S. House agriculture leader loses election, unsettling Midwest farm sector

Published 11/04/2020, 05:02 PM
Updated 11/04/2020, 05:05 PM
© Reuters. FILE PHOTO: Rep. Peterson attends Reuters Global Financial Regulation Summit in Washington

By P.J. Huffstutter and Tom Polansek

CHICAGO (Reuters) - Democratic U.S. Rep. Collin Peterson, House Agriculture Committee chair, failed to win re-election in Minnesota on Tuesday, a loss some agriculture leaders said could hurt the Midwest grain belt.

Though Democrats retained control of the House and therefore will again chair the committee, Peterson's exit could shift U.S. spending away from a region hammered by U.S. President Donald Trump's trade war with China, they said.

Ruling parties take seniority into account when selecting committee chairs, providing an opening for senior House Democrats like Reps. Jim Costa of California, David Scott of Georgia and Marcia Fudge of Ohio to lead the agriculture committee.

Midwest farmers raise pigs and grow the bulk of soybeans and corn in the United States, while California is known for fruit and vegetable crops and southern states like Georgia produce chickens.

For Minnesotans, "the clout that he had on the ag committee is lost to us," said Laura Lemke, executive director of the Minnesota Grain & Feed Association.

The House Agriculture Committee has jurisdiction over a vast range of agriculture and rural issues, including the Farm Bill, renewable energy, disaster assistance, nutrition and crop insurance. The latest Farm Bill, passed once every five years, expires in 2023 and mandates spending of about $428 billion.

Discussion of the bill starts years in advance.

Former U.S. Senator Heidi Heitkamp, a North Dakota Democrat, said Peterson's defeat was "devastating" because he understood intricacies of the legislation. He has long worked with Republicans, who will likely retain control of the Senate.

"Colin knew more about the Farm Bill than anyone else in Congress," Heitkamp said.

Republican Michelle Fischbach beat Peterson and will seek a seat on the committee, her campaign said.

Peterson's next job could be at the U.S. Department of Agriculture, said Joseph Glauber, senior research fellow at the International Food Policy Research Institute and a former USDA chief economist.

"I would think that if Biden wins, Peterson would go right to the top of the list for USDA secretary," Glauber said.

© Reuters. FILE PHOTO: Rep. Peterson attends Reuters Global Financial Regulation Summit in Washington

Peterson did not respond to requests for comment.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.