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Tag "Congress"

Crop Insurance: Two Senators Target Cuts to Save $21.1Bln – DTN

Crop Insurance: Two Senators Target Cuts to Save $21.1Bln – DTN

👤By Chris Clayton, DTN Ag Policy Editor 🕔Nov 13, 2017

Corn and soybean farmers saw no benefit this fall from adding the harvest price option to their crop insurance plan, but that wasn’t enough to stop a pair of senators and a congressman from introducing legislation that would end the

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Tax Reform: New Bill Offers Ag Incentives, but Is It All Good?

Tax Reform: New Bill Offers Ag Incentives, but Is It All Good?

👤By Lydia Holmes, USA Rice 🕔Nov 7, 2017

Last Thursday Congressman Kevin Brady (R-TX), chairman of the House Ways and Means Committee, introduced a huge tax reform bill he says will simplify the tax code, lower individual rates, and create jobs.  The “Tax Cuts and Jobs Act” includes

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Trump Tax Reform Plan Gets Mixed Response from Farm Groups – DTN

Trump Tax Reform Plan Gets Mixed Response from Farm Groups – DTN

👤By Chris Clayton DTN Ag Policy Editor 🕔Nov 3, 2017

House Republicans released a long-awaited tax-reform and tax-cutting plan that lowers tax rates for corporations and families, but forces both businesses and families to give up or reduce some favorite long-standing tax breaks. “This is a complete redesign of the

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Farm Bill: 1996 Changes Made Farmers More Dependent on Govt. Programs – Commentary

Farm Bill: 1996 Changes Made Farmers More Dependent on Govt. Programs – Commentary

👤By Harwood D. Schaffer and Daryll E. Ray, Agricultural Policy Analysis Center 🕔Nov 2, 2017

In looking toward a farm bill based on a supply management program, today’s column examines planting flexibility, the role of crop insurance, World Trade Organization (WTO) compliance, and the problems that accrue with the failure to regularly adjust crop loan

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Farm Bill: “Technical Adjustments,” and “Tweaks”

Farm Bill: “Technical Adjustments,” and “Tweaks”

👤By Keith Good, Farm Policy News 🕔Oct 31, 2017

Jacqui Fatka reported on Friday at Farm Futures Online that, “House Agriculture Committee Chairman Mike Conaway, R-Texas, said [on October 25th] that the Congressional Budget Office (CBO) has sped up its analysis of farm bill provisions that the committee is

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Farming and Politics: Race for Tax Reform Begins – DTN

Farming and Politics: Race for Tax Reform Begins – DTN

👤By Chris Clayton, DTN Ag Policy Editor 🕔Oct 30, 2017

The starting gun for a flat-out sprint to pass a tax-reform bill was fired Thursday when Congress passed a fiscal-year 2018 budget resolution. The White House on Friday sent out an array of bullet points touting the need for tax

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U.S. House of Rep. Passes 2018 Budget – DTN

U.S. House of Rep. Passes 2018 Budget – DTN

👤By Jerry Hagstrom, DTN Political Correspondent 🕔Oct 27, 2017

The House of Representatives on Thursday passed the fiscal year 2018 budget resolution that had earlier cleared the U.S. Senate, setting the stage for the Republicans to write a tax reform bill. The budget resolution will allow the Senate to

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Farm Bill Issue Review: Crop Insurance and Cover Crops

Farm Bill Issue Review: Crop Insurance and Cover Crops

👤By Jonathan Coppess and Gary Schnitkey, University of Illinois Ag Economists 🕔Sep 22, 2017

The Illinois Nutrient Loss Reduction Strategy (INLRS) and other statewide efforts to reduce the loss of nutrients from modern farming include farmer adoption of cover cropping practices as one of the priorities (see, farmdoc daily, March 17, 2016). These efforts are increasing

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Farm Business: Eliminating Estate Taxes Still High on Trump Agenda – DTN

Farm Business: Eliminating Estate Taxes Still High on Trump Agenda – DTN

👤By Chris Clayton, DTN Ag Policy Editor 🕔Sep 13, 2017

When President Donald Trump traveled to North Dakota last week to further his push for tax reform, the president highlighted the need to eliminate the estate tax. “We’ll also protect small businesses and family farmers here in North Dakota and

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2008 Farm Bill’s ‘Shiny Thing’ Was a Bust, but Ethanol Saved the Day… Sort Of

2008 Farm Bill’s ‘Shiny Thing’ Was a Bust, but Ethanol Saved the Day… Sort Of

👤By Harwood D. Schaffer and Daryll E. Ray, Agricultural Policy Analysis Center 🕔Aug 31, 2017

In the last two columns, we talked about shiny new agricultural commodity policies that various individuals and groups develop with the goal of supporting farmers during periods of low prices or a one-year decline in the season average price paid

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