Farm Bill Update:
The last time we checked in with the Farm Bill, it was nearing passage in the House. A week later, where are we?
First, the Farm Bill did pass in the House and moved to the Senate. The Senate is advancing towards final passage of the Farm Bill today. The linked article also delves into details about the new crop insurance program and the consequences for farmers. Of note, the Farm Bill is passing with wide bipartisan majorities in both the House and Senate.
President Obama is expected to sign the Farm Bill.
Over the next few weeks, we will explore the new crop insurance programs included in the Farm Bill and the possible ramifications to your operation.
Other Possible News of Interest:
- Illinois farmers settled an alleged False Claims Act allegation with the federal government for $5.364 million. The federal government alleged the Illinois family created false business entities to skirt the statutory caps on farm program payments from 2002 through 2008.
- Here is an interesting infographic on the impact of the California drought on food production and prices.
- Propane prices continue to climb.
- NRCS has updated in web soil survey so you can seamlessly find data on NRCS soil surveys.