Noah Wicks

The Natural Resources Conservation Service on Thursday added new activities to its list of practices that qualify for Inflation Reduction Act funding through the Environmental Quality Incentives Program and the Conservation Stewardship Program in 2024. 

The Agriculture Department is working to update its system for tracking agricultural land leases and purchases to appease lawmaker demands, but staffing and funding limitations have limited the agency to "low-cost" options, a department official told the Senate Agriculture Committee on Wednesday. 

One economist is optimistic that farmers will be able to weather the drop in annual net cash farm income that producers are expected to face next year as agricultural commodity revenues fall and production expenses rise.