Farms.com Home   News

USDA Needs Tools to Help Farmers

USDA Needs Tools to Help Farmers

The American Farm Bureau Federation and 41 other agriculture organizations are asking Congress to ensure the USDA has the tools necessary to help farmers in times of crisis. The group sent a letter to House and Senate leadership requesting they immediately provide replenishment for the Commodity Credit Corporation (CCC) through the continuing resolution. Without immediate replenishment, funding for farm bill programs could run out while farmers struggle against low commodity prices, natural disasters and the coronavirus pandemic.

“For decades, CCC has been regularly replenished to fund programs integral to the farm safety net that Congress has worked tirelessly to craft,” the letter states. “Producers count on programs like Agriculture Risk Coverage, Price Loss Coverage, Dairy Margin Coverage, Marketing Assistance Loans, conservation programs, and many others as they provide food, fuel and fiber for our nation. Without immediate CCC reimbursement, payments and programs would be significantly delayed, jeopardizing operations across the country.”

Although much recent attention has been focused on CCC aid to farmers to address the unprecedented crisis caused by the pandemic, it’s important to recognize that the CCC is critical when natural disasters strike, enabling USDA to act quickly to deliver aid. The CCC is also core to our nation’s success advancing conservation efforts, having enrolled more than 140 million acres in USDA conservation programs – more than the land mass of California and New York combined. In reality, the CCC is a stabilizing force across U.S. agriculture.

Click here to see more...

Trending Video

14 Days until The TrumpXi Meeting! Phase 2 Trade deal Bullish AG

Video: 14 Days until The TrumpXi Meeting! Phase 2 Trade deal Bullish AG

The countdown to the Trump/Xi meeting in Beijing is on- it happens in mid-May & Trump says trip to China will be “great”!

New technical breakout in KC wheat and canola futures.

May weather forecast remains cool/wet for U.S. east but dry out west.

S&P 500 surged +14% in April to new record highs!

Funds now worried about a prolonged war with Iran and higher fertilizer/diesel prices for longer impacting global grain production.

UAE leaving OPEC on May 1 while OPEC + looking to increase output again.

U.S. farm bill passes after 5 long years! E15 + top winners and losers in April CFTC and more.