Corn+Soybean Digest [1]

Fast-Track Could Expire

Trade promotion authority (TPA), or fast-track authority, expires this summer. The Bush administration will need to request an extension by March 1 and TPA renews automatically unless one house of Congress rejects it, according to Doane's.

There is little chance TPA will be rescinded this year, but the request will give Congress a chance to air its opposition to the direction of free trade and multi-lateral trade talks.