Articles Tagged with ''Price Loss Coverage''

The American Farm Bureau Federation is appealing to Congress to increase commodity program reference prices and marketing loan rates in the next farm bill while also increasing assistance for dairy producers.

Farmers in Ohio expressed strong support for crop insurance during a listening session with members of the House Agriculture Committee on Monday, but some producers wanted the policies to be means-tested or more focused on encouraging climate-smart practices.

Lawmakers are well into their preparatory hearings for writing the next farm bill. But a veteran Democrat on the House Agriculture Committee suggests the bill’s fate is going to hinge on whether lawmakers come up with more funding for it.

Representatives of major farm groups told leaders of the Senate Agriculture Committee on Friday that the existing farm bill programs are inadequate to protect farmers from rising input costs.

Ballooning cost estimates for the Supplemental Nutrition Assistance Program are likely to paint a bigger target on the farm bill’s nutrition title heading when lawmakers start drafting the bill in the next Congress.

Leaders of the Senate Agriculture Committee heard from Michigan producers who represent a broad range of commodities, scale and farming practices as the panel formally started hearings on the next farm bill.

With the government finally funded for fiscal 2022, lawmakers can turn their attention to other policy issues and begin work on funding legislation for FY23.

Leaders of major crop groups say the farm bill commodity programs won’t adequately protect their margins at a time of skyrocketing input costs, but the organizations aren’t ready to propose specific changes.

USDA says a record 1.77 million contracts were signed by producers for the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2019 crop year.