Farm bill extended in last minute funding deal: What to know

Dec 21, 2024 · In the absence of a new farm bill, agricultural producers demanded that an extension include economic relief in the face of lower commodity prices, reduced government funding and other hurdles. The extension ultimately includes $10 billion in one-time economic …

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

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Funding Bill: What Did Congress Include For Agriculture?

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The bill provides $10 billion in economic assistance through a formula laid out in the bill. The legislation creates one-time payments to producers based on 100% of planted acres and 50% …

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Farmers To Get $10 Billion In Economic Assistance - Successful …

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Dec 23, 2024 · President Biden signed a stop-gap government funding bill over the weekend that calls for speedy payment of $10 billion to farmers to buffer lower commodity prices and high …

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Congress Clears Stopgap With Farm Bill Extension, $10B In Market …

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Dec 20, 2024 · The House is expected to vote Friday on a scaled-down stopgap spending bill that would include $21 billion in ag disaster assistance and $10 billion in market relief for farmers, …

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Stopgap Funding Package To Include Aid For Farmers After Public

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The latest spending bill includes a one year extension of the 2018 farm bill, $20 billion in disaster relief for farmers and $10 billion in economic assistance for farmers.

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Congress Unveils Stopgap Spending Bill To Prevent Partial …

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Dec 17, 2024 · Congress unveils funding deal with more than $100 billion in disaster aid. ... the Republican chairman of the House Agriculture Committee, said he was hoping for more …

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Farmers To Get Nearly $31 Billion Amid Year-End Legislative Push

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Dec 18, 2024 · OMAHA (DTN) -- Congress on Tuesday released the details of a disaster package that includes nearly $31 billion overall for farmers. The year-end funding bill congressional …

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Farm Bill Primer: Background And Status - CRS Reports

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3 days ago · the funding indicated in law for other farm bill programs not included in the CBO projection. The June 2024 baseline has $662 billion over 5 years (FY2025-FY2029) and …

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FY25 Agriculture Spending Bills: What You Need To Know

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Jul 24, 2024 · The FY25 Agriculture spending bills have diverged significantly between the Senate and the House. The Senate approved a $27 billion budget, focusing on increases for programs …

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FAQs about Farm bill extended in last minute funding deal: What to know Coupon?

What's in the farm bill?

The latest spending bill includes a one year extension of the 2018 farm bill, $20 billion in disaster relief for farmers and $10 billion in economic assistance for farmers. Agriculture Committee Republicans from the House and Senate House originally asked for $15 billion in economic assistance for farmers. ...

What should Congress do to help farmers?

“Congress must deliver aid to help farmers hit by natural disasters, a farm bill extension, economic aid to bridge the gap for farmers until we get a new farm bill, and authorization for year-round E-15, which provides a market for farm goods and comes at no cost to the government," Duvall said. ...

How will USDA's $10 billion agricultural assistance bill affect farmers?

The bill spells out how $10 billion in economic assistance available to farmers should be calculated. USDA will have 90 days after the bill becomes law to make one-time payments to a producer of an eligible commodity crop. The money would go to crops where the expected gross return per acre is less than the expected cost of production. ...

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 much AG economic assistance will be given to row crop farmers?

The bill includes $100 billion in disaster assistance overall, $21 billion of which is for agricultural losses from hurricanes, wildfire and other weather events. The additional $10 billion in ag economic assistance is to be distributed to row crop farmers. ...

What if USDA rolled into the farm bill?

Those funds for USDA conservation programs were tied to using climate-smart practices to reduce greenhouse gas emissions or sequester carbon. The funding, if it had been rolled into the extension of the farm bill, would have paid for the $10 billion in economic aid, Stabenow noted. ...