Agriculture Secretary Sonny Perdue says there is less than a 10% chance that farmers will get more Market Facilitation Program payments this year and that China is sending “signals” it intends to honor its pledges to ramp up purchases of U.S. farm commodities.
After a busy two years dominated by farm bill and trade action, commodity groups are now turning their attention to tweaking policies that will enable them to take part in looming sustainability conversations.
The Farm Service Agency needs to provide clear guidance to producers trying to enroll in the Conservation Reserve Program and re-examine its reductions in incentive payments, which are likely to discourage producers from signing up for the popular program.
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.
Agriculture Department officials and some outside experts expect landowners to sign up for the land-idling Conservation Reserve Program in the largest numbers in at least a decade due to the slow farm economy.
Democratic presidential candidate Elizabeth Warren wants to put the federal government back in the business of managing commodity supplies in order to guarantee that farmers won’t lose money on their crops.