Pressure Continues to be Applied to USDA on 2022 ERP

asdf

65 members of the US House and Senate issued a letter to USDA Secretary Vilsack indicating that USDA must make changes to how they are implementing the 2022 ERP.

This follows up on the letter we reported previously from two Senators indicating that USDA needs to revert back to using the payment process from the 2020/21 ERP.

This current letter is even more strongly worded indicating that USDA needs to eliminate the progressive payment process and provide crop insurance premium reimbursements to all farmers not just a select few that may be underserved.

We also reported earlier that USDA seems to have stopped processing any payments to farmers under 2022 ERP. We are surmising that USDA is working internally to review their best options (which should simply be reverting to the old process) and how to communicate that to producers.

We will keep you posted.

AgWeb-Logo crop
Related Stories
New tax rules could let farmers who sell land defer, reduce and even wipe out capital gains tax starting Jan. 1, 2027.
Vision without a written plan is just a daydream. Here’s why putting your goals on paper, and doing the math, changes everything.
With corn and soybean yields in question and price rationing back on the table, Gulke says the farmers who treat volatility as the enemy — instead of the opportunity — are the ones left holding the top.
Read Next
A Pennsylvania dispersal saw record bids on high-hour iron, while standout sales across Texas and Ontario prove buyer demand remains sky-high for clean, well-maintained used equipment.
Get News Daily
Get Market Alerts
Get News & Markets App