USDA today forecast net farm income for this year at $65.7 billion, up from a February projection but down $9.8 billion, or 13 percent, from 2017, when the broad measure of farmland profits increased nearly 23 percent.
American Soybean Association (ASA) and other farm organizations have been urging Congressional leaders to provide additional funds to the Agriculture Committees so they can write a new farm bill in 2018 that responds to the difficult times farmers are facing.
WASHINGTON, Oct. 11, 2017 - As they prepare to write a new farm bill, the House and Senate Agriculture committees are sorting through dozens of requests for increased funding across every title, and lawmakers have no new sources of money to fill the demands.
WASHINGTON, Oct. 4, 2017 – Commodity groups in Washington are preparing for what might be one of the more “in the weeds” conversations of the next farm bill as they seek to decide the source of data for future legislation.
WASHINGTON, March 29, 2017 - Grain and oilseed growers agree that the Agriculture Risk Coverage (ARC) program should be continued in the next farm bill, even if farmers are expected to switch wholesale to Price Loss Coverage (PLC) when the current bill expires
(This is the third article in our new Agri-Pulse series, “The seven things you should know before you write the next farm bill.” Each segment provides important background and “lessons learned” that can help inform and stimulate debate before formal work starts on writing the next farm bill.)