government payment

Reuters: Payments to Farmers at All Time High Before Election
Reuters: Payments to Farmers at All Time High Before Election
Reuters: Payments to Farmers at All Time High Before Election
Direct payments to American farmers are at an all-time high as the nation prepares for the presidential election in less than two weeks. Record government subsidies, much needed in the turbulent trade environment and coronavirus pandemic, are projected to make up more than a third of farm income in 2020 ...
Livestock Producers Applaud Legislation to Protect Against Predators
Livestock Producers Applaud Legislation to Protect Against Predators
Livestock Producers Applaud Legislation to Protect Against Predators
The National Cattlemen’s Beef Association and the Public Lands Council say they are pleased to see the House pass legislation designed to protect livestock from protected predators. The bill would compensate livestock producers who experience depredation by federally protected species and fund methods to reduce conflicts between humans and predators. In ...
House Approves Continuation, Reimburses CCC
House Approves Continuation, Reimburses CCC
House Approves Continuation, Reimburses CCC
The House voted Tuesday to extend federal funding through mid-December, meaning the threat of a government shutdown wont be completely addressed until after the presidential election. The bipartisan vote came shortly after top Democrats and Republicans agreed to a reimbursement of the Commodity Credit Corporation, providing billions of dollars for the farming sector ...
FCA Issues Report on Economic Conditions in Agriculture
FCA Issues Report on Economic Conditions in Agriculture
FCA Issues Report on Economic Conditions in Agriculture
Late last week, the Farm Credit Agency issued its quarterly report on the economic conditions in American agriculture. The report said for the past several years, government payments have played an important role in the farm economy and making up an ever-increasing share of farm income ...
Johannson Breaks Down Net Farm Income
Johannson Breaks Down Net Farm Income
Johannson Breaks Down Net Farm Income
Despite lower commodity prices and the ongoing pandemic, farmers may end up with higher incomes this year. "Net farm income now is forecast at $102.7 billion dollars, up almost 23% from last year," said USDA Chief Economist, Rob Johannson ...
Aid Increases 2020 Farm Income Projections
Aid Increases 2020 Farm Income Projections
Aid Increases 2020 Farm Income Projections
The USDA announced this week that farmers will earn more net farm income in 2020 due to federal relief programs. Net cash farm income is forecast to increase $4.9 billion to $115.2 billion. In inflation-adjusted 2020 dollars, net farm income is forecast to increase $18 ...