Agriculture Policy News
From federal agencies to state governments, actions taken by elected officials and policymakers have a direct impact on America’s farmers and ranchers. Stay up-to-date on all things related to policy, including cabinet leadership, the farm bill, farmer-support programs, market access, environmental regulations, labor availability and the health of the ag economy.
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Latest Agriculture Policy News
Rural electric cooperatives, utilities and other energy providers will soon be able to apply for nearly $11 billion in grants and loans for clean energy projects, funded by the $430 billion Inflation Reduction Act.
The May WASDE report is the first look at the new crop balance sheets. As old crop demand continues to be an area of concern, the trade was watching to see how aggressive USDA would be with new crop supply and demand.
“If California were to win this Supreme Court case, there’s nothing stopping the state from saying, for example, you can only sell corn in California if it’s harvested with an electric combine,” says Dillard.
Rep. Thompson signaled he wants to hear “commitment from everyone, including the president, that we will get this done and in the manner I’ve been speaking about. Bipartisan, bicameral, on time and highly effective.’”
More than 75% of the farm bill is reserved for nutrition and SNAP. Congressmembers are looking to tighten the reins on SNAP benefits that “cost taxpayers billions and contribute to the nation’s obesity,” says Sen. Rubio.
Grain farmers might have started their Cinco de Mayo celebration early on Friday, with grain prices seeing some big gains.
Exports rose 2.1% in March from the prior month to a seasonally adjusted $256.2 billion while imports declined 0.3% to $320.4 billion, the Commerce Department said.
Lenders In the hearing seemed to agree on a boost to lending limits in USDA guaranteed loans as lawmakers ready for the next farm bill.
The reason for the shift is rooted in financial improvements, according to James Mintert, professor in the Department of Ag Economics at Purdue.
During Thompson’s presentation at a crop insurance event, he was passionate about getting a farm bill done, but acknowledged several hurdles that he said could be overcome in a bipartisan approach.