New top Republican on ag committee

washington / reuters Mississippi Senator Thad Cochran has claimed the role of Republican leader on the Senate Agriculture Committee, giving the U.S. cotton and rice growing region a more powerful voice in the debate over how to reform farm subsidies. Cochran displaced Pat Roberts from Kansas, one of the largest wheat-growing states. Roberts was an

U.S. Farm Bill could be delayed until April 2013

Reuters / The U.S. Congress could delay passage of a new five-year Farm Bill until spring planting given the full plate of legislation needed after the election to avoid a fiscal cliff with its mandatory U.S. budget cuts, a top farm policy expert said Nov. 5. “My prediction is that we will get a Farm


Crop-insurance tab for U.S. drought could top $15 billion

Reuters / U.S. taxpayers could pay a record $15 billion to subsidize the privately run crop insurance program in the wake of this year’s devastating drought. The program’s runaway costs are in focus as Congress looks for ways to cut government spending, making crop insurance a bigger target for reforms. Precise estimates won’t be available

U.S. farm law expires amidst Congressional standoff

Reuters / Expiration of U.S. farm law on Oct. 1, shutting off dairy supports and putting 2013 crop subsidies in limbo, was expected to cause pain for some farmers and frustration for many, but programs like food stamps and crop insurance will roll on, analysts said. U.S. government funding is assured through March 2013 for

TPP partners take aim at Canadian pork producers

Reuters / Pork producers in the United States, Australia and New Zealand urged their governments July 10 to push for an end to Canadian pork subsidies as Canada enters into talks on an Asia-Pacific free trade agreement. “Canada needs to end its federal and provincial hog subsidy programs, which are distorting the North American and


U.S. Senate overhauls Farm Bill, but time running out

washington / reuters / The U.S. Senate has approved sweeping new farm legislation that would cut almost all traditional farm subsidies while expanding a costly crop insurance program. But chances are slim the bill will pass this year. The $498-billion, five-year Farm Bill, passed by a 2-to-1 margin, would compensate growers when revenue from a

Looming political fight puts U.S. farmers on battlefield

Analysis: It usually takes a year to draft new Farm Bill but the cost of failure may be too high to bear

(Reuters) U.S. lawmakers are short on time and money to make the biggest cuts in agriculture in a generation and failure risks unintentionally driving up food prices and adding to an already onerous deficit. Fractious Republicans and Democrats may wait until the last minute to agree to significant cuts to farm supports amid historically high

Farmers have a positive outlook, for good reason

A recent survey by Farm Credit Canada found 80 per cent of farmers feel positive about the future and Agriculture Canada’s latest income forecasts will add to the rosy outlook. Net farm cash income for 2011 was $11.7 billion, Agriculture Canada said in a report. Factoring in depreciation cuts that number in half, but it


Lies, damned lies… and statistics

Last week began with the latest Canadian farm income outlook delivered by Agriculture and Agri-Food Canada, a report that by most accounts was pretty bullish on farm income projections for the next 10 years or so. In fact, it was the kind of report that is likely to have the farming community squirming for a

Cuba reports food output up 8.7 per cent in 2011

Cuba’s non-sugar agricultural production increased 8.7 per cent in 2011, the government said this week, an indication reforms aimed at reversing a farm crisis and cutting food imports may be kicking in. Produce output was up 11.5 per cent and livestock and related products six per cent, according to the report issued by the National