A news release yesterday from USDA’s Farm Service Agency (FSA) stated that, “Agricultural producers can now enroll in the Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs, two popular safety net programs, for the 2019 crop year. Interested producers must sign up for either program by March 15, 2020. “The 2018 Farm Bill… Continue Reading
Author Archives: Keith Good
USDA Opens 2019 Enrollment for Agriculture Risk Coverage and Price Loss Coverage Programs
RMA Announces Changes to Whole-Farm Revenue Protection Policy for 2020
A news release last week from USDA’s Risk Management Agency (RMA) stated that, “[RMA] has made several updates to the Whole-Farm Revenue Protection (WFRP) policy for the 2020 policy year that expand safety net options and flexibility for agricultural producers. The 2018 Farm Bill triggered updates to WFRP, a popular insurance policy among specialty crop… Continue Reading
Drone Startups Getting a Cold Blast of Reality
Bloomberg writer Jake Pitcher reported today that, “New commercial drone businesses flooded into the market at the start of the decade, flush with venture capital and giddy with visions of unmanned aircraft being used for everything from delivering packages to fertilizing farmland. “Unmanned aircraft are still seen as a pillar of the future. But for… Continue Reading
Hemp Crop Insurance Coverage Available for 2020
An update this week from USDA’s Risk Management Agency (RMA) stated that, “Certain industrial hemp growers will be able to obtain insurance coverage under the Whole-Farm Revenue Protection (WFRP) program for crop year 2020. [RMA] today announced coverage for hemp grown for fiber, flower or seeds, which will be available to producers who are in… Continue Reading
The Risky Mortgage is Making a Comeback
Wall Street Journal writer Ben Eisen reported last week that, “The risky mortgage is making a comeback. “More than a decade after home loans triggered the worst financial crisis in a generation, the strict lending requirements put in place during its aftermath are starting to erode. Home buyers with low credit scores or high debt… Continue Reading
Legal Wrangling Over CAFO Protections Continues in Missouri
Katie Bernard reported last week at The Kansas City Star Online that, “A collection of Missouri agriculture groups are calling a lawsuit filed this week to block the implementation of a state law aimed at protecting the interests of industrial farms a ‘frivolous’ and ‘desperate’ attempt to ‘disrupt Missouri Agriculture.’ “The statement was released [August… Continue Reading
Bipartisan Family Farmer Relief Act Signed Into Law – Expands the Debt that can be Covered Under Chapter 12
A news release this week from Representative Antonio Delgado (D., N.Y.) stated that, “[Rep. Delgado’s] bill to aid family farmers during downturns in the agriculture economy was signed into law by President Trump. H.R. 2336, The Family Farmer Relief Act, eases the process of reorganizing debt through Chapter 12 bankruptcy rules, a tool created specifically to… Continue Reading
Sales of Previously Owned U.S. Homes Picked up in July
Wall Street Journal writers Will Parker and Harriet Torry reported this week that, “Sales of previously owned U.S. homes picked up in July, a sign that lower mortgage rates may be finally starting to drive sales after a weak spring selling season. “July marked the first year-over-year uptick in 17 months and economists have been… Continue Reading
As Dicamba Injury Complaints Rise, States’ Communication With EPA Declines
DTN writer Emily Unglesbee reported earlier this week that, “Once again, most major soybean states are dealing with a deluge of dicamba injury allegations this summer, with two states already reporting a record level of complaints. “But, unlike last year, the EPA’s Office of Pesticide Programs is not getting routine updates from state regulators on… Continue Reading
Farm Service Agency Expands Payment Options
A news release yesterday from USDA’s Farm Service Agency (FSA) stated that, “[FSA] is expanding its payment options to now accept debit cards and Automated Clearing House (ACH) debit. These paperless payment options enable FSA customers to pay farm loan payments, measurement service fees, farm program debt repayments and administrative service fees, as well as… Continue Reading