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Tag Archives farm law

Crops, Grain Markets

Ethanol eyed for lowering U.S. surplus sugar mountain

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Reuters / The U.S. government is readying a tool created during last decade’s biofuels craze — a never-used program to sell sugar at a loss to ethanol makers — as a way to whittle a looming sugar surplus down to an affordable size. The sugar-for-ethanol program could be a lower-cost way for the Agriculture Department
Crops, News

Fiscal battles block work on new U.S. farm subsidy bill

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Reuters / Fiscal battles in Congress could prevent lawmakers from writing a new Farm Bill for weeks or months, prolonging disputes over farm subsidy reforms and cuts in food stamps for the poor that together could save up to $35 billion. Agricultural leaders in Congress originally hoped for speedy work on the overdue Farm Bill
Livestock, News

U.S. fiscal plan averts steep rise in milk prices

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Adeal approved by the U.S. Congress late New Year’s Day to avoid the automatic tax hikes and spending cuts known as the “fiscal cliff” also includes measures to avert the “dairy cliff” — a steep increase in milk prices. The tax agreement contains a nine-month fix for expiring farm subsidy programs by extending a 2008
Crops, News

U.S. crop insurance a post-election target

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The federal government will likely shell out $15 billion or more for its share of crop losses caused by drought

Reuters – Federally subsidized crop insurance will be a big target for U.S. lawmakers looking to cut the budget deficit in the lame-duck session of Congress that opened recently after a status quo general election. But lawmakers aren’t expected to break their deadlock over enacting a five-year, $500-billion Farm Bill covering a wide range of
Crops, Dairy cattle, Livestock, News

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
Livestock, News, Oilseeds

USDA opens idle land for livestock feed

washington / reuters / U.S. farmers facing the worst drought since the 1950s can use environmentally fragile land for livestock feed, the U.S. Government said July 23, as it also asked crop insurers to give growers more time to pay premiums. Agriculture Secretary Tom Vilsack announced those steps during a teleconference from Iowa and called
News

U.S. organic growers appeal court ruling

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A group of U.S. family farmers said March 28 it is appealing its lawsuit against Monsanto Co. to challenge the company’s patents on technologies for genetically modified seeds. The group of organic farmers and seed dealers says its industry is at risk from Monsanto’s growing market dominance. “Farmers are under threat. Our right to farm
International news, News

Looming political fight puts U.S. farmers on battlefield

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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
International news, News

Obama calls for end to direct payments

With Congress beginning an overhaul of U.S. farm law, President Barack Obama called Feb. 13 for elimination of a $5-billion-a-year subsidy paid to farmers regardless of need but held steady funding for the department’s often-criticized data forecasting arm. Obama proposed reforms totalling $32 billion over 10 years for farm supports in his new budget. It
International news, News

Bigger U.S. subsidy cuts considered

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Congress could slash U.S. farm subsidies far more than expected, perhaps by twice as much as proposed two months ago, to help trim the federal deficit, Agriculture Secretary Tom Vilsack said Jan. 8. “It could be $23 billion. It could be $48 billion. It could be $33 billion,” Vilsack said on the sidelines of the

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