Farms.com Home   News

Bill seeks to green U.S. livestock industry

Sep 27, 2024
By Farms.com

Funds proposed to support transition from industrial farming

 

U.S. livestock farmers could receive funding to adopt more sustainable practices under a new bill introduced in the House and Senate. The bill proposes using funds from the Inflation Reduction Act (IRA) to support farmers in transitioning away from industrial farming and adopting practices that reduce greenhouse gas emissions.

Agriculture is a significant contributor to greenhouse gas emissions in the United States, with livestock production and fertilizer application being major sources. The IRA allocated $20 billion to address this issue and support the farm sector in reducing its environmental impact.

Industrial livestock farms, which house a large number of animals in confined spaces, can produce significant air and water pollution.

The proposed bill aims to help farmers move away from this model and adopt more sustainable practices, such as pasture-based farming or organic agriculture.

While the bill has received support from environmental groups and some lawmakers, it may face opposition from Republicans who advocate for using the IRA funds for other programs. There is also debate among environmental groups about the effectiveness of certain climate-smart practices promoted by the USDA.

The bill's proponents argue that it is essential to support farmers in transitioning to more sustainable practices and reducing the environmental impact of the livestock industry. By providing financial assistance, the bill could help to create a more sustainable and resilient food system.


Trending Video

USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.