Post Profile

Farmers Set To Receive $7 Billion In 2016 Subsidies - 10% Of Total Income

The USDA has announced it will pay $7 billion in "Agriculture Risk Coverage" and "Price Loss Coverage" (aka "subsidy") payments to farmers this year as prices for most agricultural products, particularly corn, have remained depressed. At $7BN, subsidy payments will be equal to roughly 10% of the USDA's forecast for aggregate farm income in 2016. Farm subsidies this year are up 35% versus the $5.
read more


Related Posts

USDA to Distribute $7 Billion in Farm Bill Payments this Fall

Industries / Agriculture :

Reuters writer Tom Polansek reported yesterday that, “The U.S. Department of Agriculture will pay more than $7 billion of taxpayers’ money to farmers this fall to keep them afloat in the face of low crop prices, agency officials sai...

Prices Received for Corn and Soybeans Down From Year Ago Levels

Industries / Agriculture :

The USDA’s National Agricultural Statistics Service (NASS) released its monthly Agricultural Prices report yesterday, which noted that, “The corn price, at $3.57 per bushel, is down 9 cents from last month and 22 cents below Februar...

USDA Safety-Net Payments Going Out to Farmers

Industries / Agriculture : AgWired

Farmers hit by market downturns will see relief in the form of U.S. Department of Agriculture (USDA) payments. The agency announced about half of the 1.7 million farms that signed up for either the Agriculture Risk Coverage (ARC) or...

USDA Unveils New Risk Management Programs

Industries / Agriculture : AgWired

Agriculture Secretary Tom Vilsack today unveiled the new programs included in the 2014 Farm Bill to help farmers better manage risk. The new programs, Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC), represent the end...

USDA Issues 2015 Market Downturn Payments

Industries / Agriculture : AgWired

Many of the 1.7 million farms enrolled in the Agriculture Risk Coverage (ARC) or Price Loss Coverage (PLC) programs will now be receiving safety-net payments, thanks to the down markets of 2015. “This fall, USDA will be making more ...


Copyright © 2016 Regator, LLC