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Shining Light on Farm & Food Policy for 20 Years.
Thursday, April 25, 2024
Some Republicans on the Senate Agriculture Committee are calling for increasing premium subsidies for crop insurance policies that will cover up to 85% of a farmer’s revenue risk without jeopardizing their eligibility for farm bill commodity programs.
U.S. agricultural exports must contend with a wide range of trade barriers not based in science that impede access to overseas markets, the Office of the U.S. Trade Representative said in its latest National Trade Estimate Report.
The National Cotton Council’s outlook for 2024 projects U.S. acreage will drop 3.7% this year as producers deal with prices that could fall below the cost of production.
Senate Ag Committee Chairwoman Debbie Stabenow says she's "trying to really jumpstart some serious negotiations" on the farm safety net with a proposal to increase premium subsidies for buy-up area insurance policies.
The Department of Agriculture’s annual Crop Production report surprised traders with increases to the 2023 corn and soybean yield, pulling prices for both commodities lower in what could be the start of a longer trend.
Lawmakers are looking at boosting subsidies for supplemental, area-based crop insurance policies to induce growers to buy higher levels of coverage, which could potentially reduce the demand from farm groups for ad hoc disaster assistance.
China says it is ready to join the plant biotechnology revolution, opening its fields to the widespread cultivation of genetically modified soybean and corn crops in an effort to bolster domestic production, but it’s unclear if the transformation will benefit U.S. exports.
In line with their goals to help farmers adopt regenerative agriculture, Truterra has made four new data-driven regional and crop-specific programs available.
