agricultural aid
House defeats Trump-backed government funding bill
One day after President-elect Donald Trump shot down a stopgap government funding bill, the House defeated a Trump-backed bill written by Republicans to keep the government running until March 14. The GOP bill included $31 billion to buffer the impact in rural America of natural disasters and lower farm income.
Trump and Vance oppose funding bill that includes farm aid
President-elect Donald Trump called for a “streamlined spending bill” that also increases the federal debt ceiling on Wednesday as a replacement for the three-month government funding bill that congressional leaders produced the preceding day. That bill included $10 billion to offset a decline in farm income and $21 billion in disaster relief for agriculture.
Democrats in Congress propose $10 billion in economic aid to farmers
With Congress due to adjourn in 10 days, Democrats proposed $10 billion in economic assistance to farmers nationwide to buffer the impact of lower commodity prices. Senior farm-state Republicans have said substantial aid is needed — $15 billion was mentioned on Wednesday — but House GOP leaders reportedly objected to the offset Democrats would use to pay for the aid.
A note from Chuck
Half a century ago, in 1973, I entered the news business as a reporter for a small weekly paper in Missouri. And now, it’s time to leave the party. I will continue my reporting here at Ag Insider through the end of the current Congressional session, at which time Ag Insider will be put to bed one last time. The final edition will go out Monday, December 23.
Farm income declines in northern Plains, say ag bankers
The two-year decline in commodity prices drove down farm income in the northern Plains this summer, ag bankers said overwhelmingly in a survey by the Minneapolis Federal Reserve Bank, and they expect income to fall again this winter. Farmers have cut back on major purchases and loan demand is up, the bankers said.
Farm financial aid draws increased interest in lame-duck session
With little sign of a breakthrough on the farm bill in Congress, farm groups are shifting their attention to a proposed $21 billion bailout bill. Help is needed because high costs and lower commodity prices are sharply eroding farm income, they say.
Nearly 80 million birds die in almost two years of bird flu
One-fourth of U.S. losses to bird flu in outbreaks that began in early 2022 were recorded in the past three months, when the viral disease staged a resurgence, according to USDA data released on Thursday. Some 20.9 million birds were culled in infected domestic flocks from October through December to prevent the spread of highly pathogenic avian influenza.
USDA announces $4.3 billion smorgasbord of ag aid
Farmers and ranchers who suffered losses due to natural disasters ranging from drought to hurricanes last year will receive $3.7 billion in aid in coming months, said Agriculture Secretary Tom Vilsack. The USDA also announced $500 million in additional funding for the Regional Conservation Partnership Program and $103 million to defray marketing costs for organic dairy farmers this year.
Strengthen the farm safety net and rely less on bailouts, say farm-state senators
The government has spent nearly $70 billion on disaster, trade war, and pandemic relief since the 2018 farm bill was enacted, a huge amount that shows the need for a strong farm safety net that’s written into law rather than on the fly, said farm-state senators on Thursday. They called for a stronger and expanded crop insurance program as the first line of support for farmers and ranchers against uncertain weather, volatile commodity markets, and rising production expenses.
Record subsidies but weaker ag sector during pandemic year
Farmers faced higher expenses and earned less money from their crops and livestock than initially expected in 2020, due to market disruptions caused by the pandemic, said a USDA Covid-19 working paper. By many standards, such as debt-to-asset ratio, the financial strength of the sector softened in 2020, despite $45.7 billion in federal subsidies — the largest ever — said USDA economists.
Producers receive $4 billion in ERP payments
In the six weeks since the USDA launched the program, farmers have received $4 billion from the Emergency Relief Program as compensation for losses from wildfire, drought, hurricanes, winter storms, and other natural disasters, said Agriculture Secretary Tom Vilsack on Wednesday.
Farm payments doubled during subsidy flood, says EWG
The government paid a record $41.6 billion in a variety of subsidies to farmers in 2020, double the amount they received in 2018, when the Trump-era cash gusher began flowing, said the Environmental Working Group on Wednesday.
USDA pays $146 million in bird flu indemnities
As bird flu losses topped 35 million fowl, Agriculture Secretary Tom Vilsack said on Thursday that the USDA has paid about $146 million in indemnities to poultry owners, with an additional $263 million available. “That’s about half of where we were in 2014-2015 with the last outbreak,” he said.
Trade war payments skipped specialty crop, underserved farmers
The USDA sent $23 billion in trade war payments to more than a half million farming operations, with the lion's share of the aid going to row-crop producers, said the Government Accountability Office on Thursday. Historically underserved farmers received less than 4 percent of the money.
Burst of USDA top-up pandemic payments to farmers
Farmers have received $4.8 billion in long-promised payments of $20 an acre on crops that range from corn, soybeans, and wheat to sorghum and sugar beets, said USDA data on Monday. It was the largest disbursement of coronavirus relief funds since the Biden administration took office.
Big coronavirus increases in SNAP and farm spending
The food stamp program will cost $145 billion this year, more than double its pre-pandemic total, due to expansion to combat the pandemic, estimated the CBO in updating its budget outlook. Mandatory agricultural spending was forecast at $48 billion this year, an increase of $17 billion from 2020.
USDA announces $12 billion in pandemic aid, aims for ‘a broader set of producers’
Following through on pledges of more equitable aid to agriculture, the Biden administration has created a new Pandemic Assistance for Producers program to distribute more than $12 billion in cash. It said on Wednesday that it wants to "reach a broader set of producers" than in previous Covid-19 aid programs.
Multibillion-dollar debt relief for minority farmers is backed by House committee
The House Agriculture Committee approved a landmark $4 billion program of debt relief for socially disadvantaged farmers on Wednesday despite Republican objections that the aid was an unconstitutional form of reverse discrimination. Chairman David Scott, a Georgia Democrat, said minority farmers deserved the help because they had been overlooked in the mammoth trade war and coronavirus relief programs that began in 2018.