crop insurance News
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Senate passes half-trillion dollar farm bill
The Senate on Monday passed a five-year, half-trillion-dollar farm bill that expands government subsidies for crop insurance, rice and peanuts while making small cuts to food stamps. The bill passed on a bipartisan 66-27 vote. The legislation, which costs almost $100 billion annually, also would eliminate subsidies that are paid to farmers whether they farm or not. All told, it would save about ...
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President`s budget proposal includes increase to Ag-related sciences
The Obama Administration rolled out a multi-trillion-dollar budget proposal Monday, February 13, which includes an increase in funding for agriculture related research and development. The $3.8 trillion federal budget proposal shows the U.S. Department of Agriculture would endure cuts of $32 billion over 10 years, largely through the elimination of direct payments, as well as cuts of subsidies ...
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Cropin in Association with Hsbc and Thinkag Conducted A Webinar on Digitizing Crop Insurance
CropIn, in association with ThinkAg and HSBC, conducted a webinar on “Digitizing Crop Insurance” as a part of the AgFin Tech Series, Digitizing Agri-Finance & Insurance. The primary focus of the series is to advance the importance of technology in the agriculture space. CropIn’s tagline “Re-imagining Agriculture With Data”, outlines how technological innovation ...
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2012 Farm Bill Passes U.S. Senate
The U.S. Senate passed the 2012 Farm Bill today, meaning the measure is a big step closer to enactment. The Farm Bill, renewed every five years, is the largest source of funding for conservation on America's working farmland, ranchland and private forestland. In addition to funding federal conservation and nutrition programs, the bill also authorizes risk management and other programs that ...
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Cotton and Peanut Plantings Jump Above Expectations
Implications While growers intend to substantially increase acreage of cotton and peanuts this year uncertainty remains. For cotton, the pace of plantings, crop conditions, the pace of exports, and global (i.e. China) inventory levels are key fundamentals to monitor. For peanuts, higher acreage does not mean substantially higher production as crop yields and acreage abandonment may reduce the ...
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Will Industrial Hemp and CBD Soon Be Legal?
The hemp industry has been waiting months for Congress to take action on a new Farm Bill, one that could make legal barriers for hemp production disappear. With the Thanksgiving holiday behind us, Congress has returned to session. Lawmakers in the Nation’s capital are putting more focus on the new Farm Bill, which not only includes the legalization of industrial hemp, but also the funding ...
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