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Ag Banking/Rural America

Kansas Farmer Outlines Costly Toll of Overregulation

June 21 — America’s farmers and ranchers are facing an economic storm, according to the American Farm Bureau Federation. With farm income levels that have fallen by half since 2013, a continued slump in crop prices and export markets in peril, the hit farmers are taking from costly regulations only intensifies the storm, according to Kansas farmer Glenn Brunkow.

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Producers Begin to Eye the Ag Economy More Favorably

June 11 — Sitting at 141, the Ag Economy Barometer hit its highest reading since January 2017 in May, coming in 16 points above its April reading of this year.

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For Dairy Farmers, June 1 Deadlineto Apply for Improved Safety Net Under Margin Protection Program

May 29 — The U.S. Department of Agriculture (USDA) reminds dairy farmers of the June 1 deadline to enroll in the improved Margin Protection Program for Dairy (MPP-Dairy).  Many producers will see payments in early June, depending on the coverage they elect.
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Farm Bill Fails in House Due to Bipartisan Lack of Support

May 21 — In a 198 to 213 vote, the House of Representatives last week failed to pass a $867 billion farm bill. Despite  the backing of President Donald Trump, no votes from the Republican Freedom Caucus and from all House Democrats combined to torpedo the proposed legislation.

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USDA Reduces ‘Red Tape’ for Farmers to Ag Secretary’s Approval

May 18 — U.S. Secretary of Agriculture Sonny Perdue applauded the removal of what his office considers a burdensome regulation that has long plagued family farms. The rule requiring producers to obtain Data Universal Number System and System for Award Management numbers to participate in U.S. Department of Agriculture’s Natural Resources Conservation Service programs has been eliminated. Congress included this repeal in the FY 2018 Omnibus spending package; the official regulatory change was published in the Federal Register on May 18.

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