Tuesday’s Crop Tour trek through Nebraska and Indiana gave scouts a glimpse at the moderate to exceptional drought Mother Nature has brought down on soil and crops this growing season.
We often hear about government funding but little about how it is actually being used. These 289 projects funded by the USDA will cover everything from solar arrays to grain dryers.
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.
Extreme weather situations, including the annual Derecho, hit regions on the eastern leg earlier this year. While the eastern Corn Belt isn’t as dry as its western counterpart, yield potential looks lower than 2021.
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.
The reconciliation bill is heading to the House on Friday with many provisions on ag. Here’s what producers need to know about the Inflation Reduction Act.
The Congressional Review Act (CRA) was established in 1996 as a way for Congress to reverse rules created by federal agencies. Wiesemeyer says the Senate exercising the CRA will “claw back” Biden’s climate plans.
The House passed the Democrat-led reconciliation bill on Friday with a 220 to 207 party line vote, nearly a week after the Senate passed the bill with a close 51-50 vote.
Sen. Ernst told AgriTalk’s Chip Flory that she and Sen. Klobuchar are “thankful” for the biofuel opportunities in this bill. But she’s not convinced the IRA is the answer to America’s pump inflation.
Secretary Vilsack announced USDA will offer $20 million to producers in Kentucky, Minnesota, South Dakota and surrounding areas to rebuild grain storage facilities affected by recent natural disasters.
