Ag Sector Could Score Big in Stopgap Spending - drovers.com

Dec 17, 2024 · Ag Sector Could Score Big in Stopgap Spending The House of Representatives released its Continuing Resolution text, which includes a one-year extension of the 2018 farm …

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Continuing Resolution Includes $31 Billion In Aid For Producers

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Dec 18, 2024 · The stopgap deal to avoid a government shutdown includes $10 billion in direct payments for farmers, $21 bllion in ag disaster aid, a one-year extension of the 2018 farm bill …

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Poll Results: 71% Of Farmers Say Congress Should Approve …

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Dec 18, 2024 · As agriculture faces a recession, agricultural groups and ag lenders pushed for Congress to include emergency financial aid for farmers in the stopgap bill. The text was …

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Farm Bill Extended In Last Minute Funding Deal: What To Know

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Dec 21, 2024 · Congressional lawmakers late Friday approved an extension of the farm bill with $10 billion in economic aid for farmers, part of a spending agreement that narrowly avoided a …

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Banker Poll Shows Nearly 40% Of Farmers May Lose Money In 2024

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The stopgap deal to avoid a government shutdown includes $10 billion in direct payments for farmers, $21 bllion in ag disaster aid, a one-year extension of the 2018 farm bill and year …

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FAQs about Ag Sector Could Score Big in Stopgap Spending - drovers.com Coupon?

Why did Congress approve a farm bill extension?

Congressional lawmakers late Friday approved an extension of the farm bill with $10 billion in economic aid for farmers, part of a spending agreement that narrowly avoided a government shutdown. ...

How does USDA measure financial performance?

USDA measures financial performance by operating profit margin (OPM), with a noted high-risk zone of less than 10 OPM. In 2023, between 52 and 85% of small family farms, depending on the farm type (retirement, off-farm occupation, low sales, moderate sales), had an OPM in the high-risk zone. ...

What percentage of farms receive government payments?

The percentage of farms receiving government payments ranged from 21% for small family farms to 44% for midsize and large family farms. ...

Is Chuck Schumer ready for a'same-day rule' stopgap?

Senate Majority Leader Chuck Schumer (D-N.Y. set the stopgap spending measure in motion for consideration this week. The House is ready to move straight to the stopgap under "same-day rule" authority once it comes over from the Senate, House Speaker Nancy Pelosi (D-Calif.) said Thursday. ...

What percentage of farms rely on off-farm income?

17% of farms growing specialty crops, such as fruits, vegetables, and nursery crops, and 12% of farms producing livestock purchased Federal crop insurance. Takeaway 7: Many farms rely on off-farm income. ...

Are small family farms more financially vulnerable?

Compared with 2022, nonfamily farms comprised a larger share of the value of production, with their value of beef production increasing from 11% in 2022 to 26% in 2023. Takeaway 3: Small family farms and non-family farms are potentially more financially vulnerable. ...