U.S. Department of Agriculture

CRP acres often follow market forces, according to research from Farmer Mac. As such, today’s high cash grain prices may dissuade producers from enrolling acreage in CRP programs.
A U.S. federal judge on Wednesday temporarily blocked a part of the Biden administration’s federal stimulus relief package that forgave agricultural debts to farmers of color.
Farmers who insured their crops and planted cover crops will now be eligible for a financial bonus from USDA. Not all crops are included in the new program, and acres need to be reported by June 15th.
The U.S. Agriculture Department said on Friday it will start erasing an estimated $4 billion dollars in debt to minority farmers in June, as it seeks to address racial discrimination.
USDA’s is giving more insight into climate initiatives and how ag could play a part. The agency issued a 90-day progress report on what it calls climate-smart agriculture and forestry.
To help with the ongoing demand for food in the U.S., USDA announced it is investing $1 billion in the country’s food bank networks.
The Biden administration is out with the fiscal year 2022 budget proposal, calling for more money within USDA to support climate research and racial injustice.
USDA’s June World Agricultural Supply and Demand Estimates (WASDE) amplified the major themes driving the corn market: Demand is strong, supplies are questionable.
More than $1 billion in payments will be released over the next several weeks for producers with approved applications for the QLA Program and for producers who have already received payments through WHIP+.
A federal judge announced Friday a decision to halt payments in a USDA loan forgiveness program designed to help farmers of color. USDA has until Friday to respond to the court’s temporary restraining order.
Get News Daily
Get Market Alerts
Get News & Markets App