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Shining Light on Farm & Food Policy for 20 Years.
Friday, December 20, 2024
Truterra paid more than $5.1 million to farmers last year to store carbon, bringing the total for the first two years of its program to over $9 million, the company said Wednesday.
The Agriculture Department will allow double cropping to be insured in hundreds of additional counties this winter in an effort to address shortages of wheat and other commodities as a result of the war in Ukraine.
The Biden administration wants to make more farmers eligible for insurance when they grow wheat and soybeans in the same crop year, but some industry experts doubt the plan will do as much as the White House hopes in scaling up wheat production.
Agriculture Secretary Tom Vilsack heads to Capitol Hill this week to testify before the Senate Agriculture Committee amid growing concerns about the global food supplies and soaring costs for fertilizer and other ag inputs.
The Biden administration is working on new ideas to increase crop production this year, including getting Congress to eliminate the penalty for planting after a prevent-plant insurance claim, says Agriculture Secretary Tom Vilsack.
Senators are trying to find an agreement on a new Ukraine supplemental spending bill by the end of this week, while Agriculture Secretary Tom Vilsack and other cabinet members head to Capitol Hill for questioning about their spending plans.