Articles Tagged with ''Agriculture Risk 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.

The top Republican on the House Ag Committee is making clear he wants nothing to do with some proposals by fellow conservatives to slash farm bill programs.

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.

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.

Producer optimism shot up in January on the backs of expected business with China after the two countries signed a “phase one” trade deal.

China’s commitments to dramatically increase its purchases of U.S. commodities have raised new questions for farmers as they face decisions about which farm bill program to enroll in and pencil out their finances and risk management for the year.