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Shining Light on Farm & Food Policy for 20 Years.
Thursday, November 28, 2024
Renewable fuel advocates say a final Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule economy rule issued by the Department of Transportation and Environmental Protection Agency misses the mark for transitioning to high octane low carbon fuels.
Economists already were predicting that 2020 would be another tough year for the farm economy even before the COVID-19 pandemic hit and oil prices plunge. Now, a top farm economist who’s advising USDA says he expects the pandemic to have a “very large” impact on farm income.
Now that President Donald Trump has signed the historic $2 trillion economic relief package into law, work now turns to getting the money out as quickly as possible. “This doesn’t do anybody any good if it takes a long time,” Treasury Secretary Steven Mnuchin said on CBS Face the Nation on Sunday.
President Donald Trump signs into law a $2 trillion economic stimulus package that includes $23.5 billion in aid to farmers and ranchers as well as marketing loan relief.
The Agriculture Department is accepting 3.4 million acres into the land-idling Conservation Reserve Program following the first general signup in four years.
The $2 trillion Phase 3 stimulus package that passed the Senate late Wednesday night has a lot for ag, but not everyone thinks the sector is getting what will be needed for 2020. Starting with USDA.
Congressional leaders have reached agreement on a $2 trillion economic rescue package that would replenish the Agriculture Department’s Commodity Credit Corp. authority and earmark additional money for livestock and specialty crop producers as well as local agriculture.
A leading architect of the ag programs in the $2 trillion economic stimulus package says he expects USDA could use the funding it gets through the bill to provide several forms of relief to producers beyond a new Market Facilitation Program.
A deadline to appeal a ruling striking down waivers from the biofuel mandate came and went, and biofuel groups are cheering the fact that the Trump administration has not asked for a rehearing of the case.