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Balanced Reporting. Trusted Insights.
Tuesday, August 09, 2022
Farm groups are looking to the Trump administration to quickly appeal a ruling blocking the use of dicamba herbicide and issue guidance on how the industry should address the issue.
A new bipartisan Senate bill that has the backing of leading farm and environmental groups aims to address climate change by directing the Agriculture Department to play a key role in overseeing the operation of agricultural carbon markets.
Senate Democrats, setting the stage for a new COVID-19 relief bill, are proposing to spend $8 billion to bolster the food supply chain and to redistribute surplus commodities.
Farmers will get some welcome relief starting next month from the market impact of the coronavirus, but it will take a second round of payments to keep many in the black this year, and producers may face similar problems into next year.
Cattle, dairy and hog producers as well as corn and soybean growers are expected to collect the largest shares of USDA’s $16 billion in coronavirus relief payments, which are designed to compensate for losses in sales or market value between January and April.
Farmers can start enrolling next week for $16 billion in coronavirus relief payments, but the Agriculture Department has decided to prorate the aid to ensure there is enough money to go around, Agri-Pulse has learned.
Farm groups are awaiting the release any day of USDA’s requirements for $16 billion in direct payments to compensate producers for the market losses caused by the coronavirus crisis. OMB completed its review of the planned program on Friday.
It’s not everything that farm groups wanted, but the broad array of agricultural provisions in a $3 trillion coronavirus relief bill that the House is expected to vote on Friday are likely to find many supporters in the Senate.
House Democrats released a massive new coronavirus relief bill that would provide $16.5 billion in additional direct payments to farmers and authorize USDA to compensate producers who have to dispose of livestock and poultry that can’t be sold because of processing disruptions.
House Democrats try to agree on the shape of the next major coronavirus relief bill, while farm groups lobby for a major new infusion of cash to offset the impact of the COVID-19 crisis.