China’s commitments to dramatically increase its purchases of U.S. commodities have raised new questions for farmers as they face decisions about which farm bill program to enroll in and pencil out their finances and risk management for the year.
Trade remains the top concern for American agriculture heading into 2020, with looming uncertainty about whether the Chinese will make promised increases in commodity purchases, and whether President Donald Trump will provide another round of trade assistance to U.S. producers.
Federal rules for disclosing biotech food ingredients officially start taking effect Wednesday, but manufacturers and retailers don’t have enough information yet from USDA on how to comply with the regulations, say industry officials.
The House approved a pair of fiscal 2020 spending packages Tuesday that will provide a fresh infusion of disaster relief to farmers, extend the expired biodiesel credit to 2022 and bolster port inspections to protect U.S. agriculture for African swine fever and other threats.
A congressional agreement to fund the government for fiscal 2020 includes an additional $1.5 billion in disaster relief for farmers and would revive the biodiesel tax credit and extend it through 2022.
Lawmakers are trying to wrap up deals this week on the U.S.-Mexico-Canada Agreement and fiscal 2020 government spending while the Trump administration faces a self-imposed deadline for getting a partial trade agreement with China.
Brushing aside an outcry from anti-hunger advocates and congressional Democrats, the Trump administration on Wednesday finalized regulations that will make it harder for states to exempt able-bodied adults from work requirements in the Supplemental Nutrition Assistance Program.
Net farm income is projected to rise more than 10% this year, but nearly one-third of producer earnings will come from a combination of crop insurance benefits and direct government payments, including the Trump administration's trade assistance.