The U.S. House is set to work on a disaster aid bill that includes financial help for Midwestern and Southern Farmers. The Hagstrom Report says House Majority Leader Steny Hoyer made the announcement last week as the House adjourned until Tuesday. Hoyer says the House will consider H.R. 2157, which is the Supplemental Appropriations Act of 2019. “The legislation would …
Ten Big Issues from the 2019 Session
Florida lawmakers finished the 2019 legislative session Saturday by passing a budget for the upcoming year. During the two-month session, lawmakers considered hundreds of bills and made more than $90 billion in spending decisions. It also was the first session for Republican Gov. Ron DeSantis and began the two-year terms of Senate President Bill Galvano, R-Bradenton, and House Speaker Jose …
USDA Announces Repayment Options for Producers with Coverage in Previous MPP for Dairy
USDA’s Farm Service Agency (FSA) announced that dairy producers who had coverage under the Margin Protection Program for Dairy (MPP-Dairy), which provided payments to producers when the price of milk fell below the feed costs to produce it, are eligible to receive a repayment for part of the premiums paid into the program. To be eligible for this repayment, which …
Farmer’s Share of the Food Dollar Falls to All-Time Low
The farmer’s share of the food dollar has reached an all-time low. For every dollar American consumers spend on food, U.S. farmers and ranchers earn just 14.6 cents, according to a report recently released by the U.S. Department of Agriculture’s Economic Research Service. This value marks a 17 percent decline since 2011 and the smallest portion of the American food …
NAP Buy-Up Coverage Now Available
USDA’s Farm Service Agency (FSA) wants to remind producers that higher levels of coverage are available through the Noninsured Crop Disaster Assistance Program (NAP). The 2018 Farm Bill also increased service fees and made other changes to the program, including service fee waivers for qualified military veterans interested in obtaining NAP coverage. NAP provides financial assistance to producers of commercial …
Northwest Florida Residents to Congress: Do Something Now
U.S. Senator Marco Rubio (R-FL) released the following video featuring Hurricane Michael survivors telling their personal stories, and asking Congress to put politics aside, and do its job. Even though the Category 5 storm devastated Florida’s Panhandle almost seven months ago, Congress continues to play politics instead of passing critical disaster funding for local communities still struggling to recover. For …
Florida Budget Chiefs Finalize State Spending Plan
House and Senate budget chiefs agreed Tuesday to a roughly $90 billion budget deal, but lawmakers will not end the 2019 legislative session on time. The budget needed to be distributed Tuesday to meet the scheduled Friday end of the session. That is because of a mandatory 72-hour “cooling off” period before lawmakers can vote on the budget. But the …
New National Poll Shows Impacts of Rural Economy on Farmer Mental Health
A strong majority of farmers and farmworkers say financial issues, farm or business problems and fear of losing the farm impact farmers’ mental health, according to a new national Morning Consult research poll. Sponsored by the American Farm Bureau Federation in recognition of May as Mental Health Month, the poll surveyed rural adults and farmers/farmworkers to better understand factors affecting the …
Deadline Extended for Producers to Certify 2018 Crop Production for MFP Payments
USDA extended the deadline to May 17 from May 1 for agricultural producers to certify 2018 crop production for payments through the Market Facilitation Program (MFP), which helps producers who have been significantly affected by foreign tariffs, resulting in the loss of traditional exports. USDA’s Farm Service Agency (FSA) extended the deadline because heavy rainfall and snowfall have delayed harvests …
Farm Bank Lending Rises to $108 Billion in 2018
U.S. farm banks increased agricultural lending by 5.3 percent, or $5.5 billion, to $108 billion in 2018. The American Bankers Association recently released its annual Farm Bank Performance Report. The report found that in 2018, farm banks’ asset quality remained healthy and non-performing loans stayed at a pre-recession level of 0.52 percent of total loans. The report is an analysis …