Articles Tagged with ''Conservation Reserve Program''

The Conservation Reserve Program is nearing its cap of 27 million acres as USDA’s Farm Service Agency accepts offers for more than 2.2 million acres in the latest grassland, general and continuous signups.

The House Agriculture Committee’s farm bill would boost the federal budget deficit by $33 billion over 10 years, according to an official cost estimate released Friday by the Congressional Budget Office, which refused to change its stance on a budget offset intended to fund changes to commodity programs.

Republicans on the House Agriculture Committee are proposing to raise Price Loss Coverage reference prices by 10% to 20% depending on the commodity, while also providing increased income protection to growers under the Agriculture Risk Coverage program and crop insurance, according to a section-by-section summary released Friday.

Leaders of the House and Senate Ag committees announced dueling plans for a new farm bill as the partisan impasse appeared to deepen ahead of the House panel’s planned votes on May 23. House Ag Chairman Glenn Thompson released a broad summary of his planned legislation, and his Senate counterpart, Debbie Stabenow, followed with a much more detailed section-by-section summary of her draft bill.

The Biden administration is expected to announce key updates this week to its carbon-intensity scoring for sustainable aviation fuel this week, while lawmakers are struggling to break a partisan impasse over a new farm bill that Republicans are determined to move through the House Ag Committee in May.