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.
Watch the Latest Ag Policy Coverage from AgDay and U.S. Farm Report
Latest Agriculture Policy News
The Virginia farmers filing the suit allege repeal of the debt relief effort is a breach of contract by the government, arguing some farmers made financial plans based on the expectation of getting debt relief.
The U.S. is projected to have record ag exports for the marketing year but is still posting a trade deficit. Plus, headwinds such as slow water levels on the Mississippi River are adding to trade concerns.
OPEC+’s decision to slash oil production has the White House considering measures aimed at breaking the cartel’s hold on markets or limiting U.S. oil exports should shortages emerge.
By the end of the year, the Biden administration is expected to issue new rules that Government Lawyer Brian Fletcher told the court will “provide greater clarity to the regulated public on all parts of the test.”
USDA says the organizations were selected for their proven track records working with farmworkers, meatpacking workers, and grocery workers. The funds amount to $600 per person and will be dispersed in the fall.
Chinese theft of U.S. intellectual property has also hit the agricultural sector.
Satellite imagery, communications intercepts and human intelligence proving Russia had plans to invade Ukraine was presented to U.S. officials in Oct. 2021. When briefed to NATO allies, some thought it was bogus.
Have You Looked into NRCS Program Funding? New Opportunities Available in the Reconciliation Package
The Inflation Reduction Act was signed into action on Tuesday, triggering a stream of funds to ag, including conservation. USDA penned a press release to break down its plans for roughly $60 billion in new funds.
These funds—separate from the $500 million recently enacted through the Inflation Reduction Act—will be used for facility installation, retrofitting and pump upgrades, along with new equipment and buildings.
When adjusted for inflation, 2022 net cash farm income is forecast to increase by $13.5 billion (8.7%) from 2021 and be at its highest level since 2012.