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Reviewing CBO Baseline for Farm Bill Program Spending


With hearings underway in the House and Senate Ag Committee, the process for writing the next farm bill is taking its initial steps. Echoes of the difficult process for the 2014 Farm Bill are being heard in calls for reductions in Federal spending, but the outlook is much different. The Congressional Budget Office (CBO) released an updated estimate for the outlays from the 2014 Farm Bill and this article reviews those estimates for farm programs, crop insurance and conservation (see CBO January Baseline).

Read the entire article here.

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USDA Reports Review

The USDA World Agricultural Supply and Demand Estimate (WASDE) for July was met with much skepticism based on the corn numbers. With production 195 million bushels (mb) higher than in June and nearly 375 mb above the average trade estimate, the corn market sloughed off early weakness and closed sharply higher....

Helping wheat, corn producers target fertilizer needs

A few years ago, Agricultural Research Service (ARS) scientists in Akron, Colorado began noticing a pattern to their wheat harvests: yields were higher in low-lying areas. But it was the extreme variability in yields that surprised the researchers. ...

Grants help rural businesses lower energy costs

Acting Assistant to the Secretary for Rural Development Joel Baxley today encouraged farmers, rural small businesses and agricultural producers to apply for financing in a key U.S. Department of Agriculture (USDA) program that provides loan guarantees to help rural small businesses lower their energy costs....
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