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Balanced Reporting. Trusted Insights.
Wednesday, January 19, 2022
The Biden administration is moving toward providing a new round of payments to farmers who have crop insurance and plant cover crops this year, extending a temporary program created last year. A new policy endorsement designed to encourage reduced nitrogen usage also is coming on the market in 2022.
Producers will have additional crop insurance flexibilities at their disposal next year after a handful of changes from the Department of Agriculture’s Risk Management Agency.
The Risk Management Agency’s new administrator, Marcia Bunger, comes to RMA after 25 years of experience with the Farm Service Agency, USDA said Monday in announcing three high-level appointments.
California has already surpassed $101 million in USDA crop insurance indemnities due to shortages of irrigation water supplies and the numbers will likely climb much higher.
The four senators and two representatives representing the Dakotas are pressing the Department of Agriculture’s Risk Management Agency to make a change to the crop insurance provisions for sunflowers.
USDA’s Risk Management Agency is expanding its whole-farm revenue protection plan with the goal of garnering more participation from aquaculture and organic producers.
Livestock producers across the West and northern Plains are relying heavily on rangeland insurance policies this year, even as the Agriculture Department considers changes to the program that could limit future indemnities for some farmers and ranchers.
House Agriculture Committee Chair David Scott, D-Ga., said the committee is working on permanent disaster legislation to help farmers recover financially from natural disasters, but skeptics say developing a good framework could be challenging.
The Agriculture Department issued a climate strategy Thursday that heavily focuses on measuring the impact of climate-friendly practices, taking steps to facilitate private carbon markets and ensuring all farmers can benefit financially from addressing climate change.
With the Agriculture Department expected to soon release its strategy for tackling climate change, the top Senate Ag Committee’s top Republican is doubling down on his opposition to a USDA-run carbon bank.
