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USMCA IP provisions make for uneven playing field for Canadian, U.S. farmers

Farmers in North America generally did well in the new United States-Mexico-Canada Agreement (USMCA). But there is one nasty surprise buried in the agreement that should unite all Canadian farmers—intellectual property rules that prevent circumvention of digital locks on electronics including sophisticated farm equipment like tractors and combines that will apply to Canadian, but not to American, farmers. [node:read-more:link]

USDA Announces Details of Assistance for Farmers Impacted by Unjustified Retaliation

U.S. Secretary of Agriculture Sonny Perdue today announced details of actions the U.S. Department of Agriculture (USDA) will take to assist farmers in response to trade damage from unjustified retaliation by foreign nations. President Donald J. Trump directed Secretary Perdue to craft a short-term relief strategy to protect agricultural producers while the Administration works on free, fair, and reciprocal trade deals to open more markets in the long run to help American farmers compete globally. [node:read-more:link]

The Agriculture Improvement Act of 2018: Initial Review

For this initial review of the conference product, the discussion will focus on the four key mandatory titles in the farm bill.  The CBO cost estimate (score) reinforces the view that the bill is largely status quo.  CBO estimates very little net change in spending: an increase of $1.8 billion through 2023, but sustained reductions in assumed outlays from 2024-2028 result in only a $70 million increase over the entire 10-year budget window. [node:read-more:link]

USDA will clamp down on work rules for food-stamp recipients

The Agriculture Department on Thursday proposed a rule to more strictly enforce existing work requirements on more food-stamp recipients by reining in states’ ability to waive time restrictions. The release of the rule comes on the same day President Donald Trump is expected to sign the farm bill into law — and the timing is no accident.The proposal, which was initially expected to be released before the midterm elections, is the administration’s response to concessions House Republicans made on food stamps in the final bill. [node:read-more:link]

Bankers praise farm bill's credit title

The Agricultural Act of 2018 raises FSA loan guarantees to $1.75 million from the current $1.399 million. It also doubles the loan limit for direct farm ownership, or real estate, loans to $600,000 and increases the limit on direct farm operating loans by $100,000 to $400,000. Elfmann said lenders often use a combination of banking products to meet borrowers' needs. With an FSA loan guarantee, the bank or another lender closes the loan and advances the funds to the borrower. In the event the borrower defaults, FSA reimburses the bank. [node:read-more:link]

The ARC farm program failed as a widespread safety net for agriculture in 2017

A couple of weeks ago, a reader from Iowa wrote us, “I stopped into the Farm Service Agency office today…to see if there would be any farm subsidies this year, (as I hadn’t received any yet). They said there would be none for my county and most other counties [in Iowa].  “So, your predictions about ARC [Agricultural Risk Coverage] have come true, a bit more dramatically than I expected.”He then asked, “I wonder what it’s like in other states?”That piqued our interest, so we decided to look up the numbers and share with all of our readers what we found. First, let’s start with Iowa. [node:read-more:link]

Groups push for ag to be included in any U.S./EU trade deal

An ad hoc coalition of more than 50 food and agriculture organizations is insisting that any trade deal between the United States and the European Union include agriculture and that it address the EU’s restrictive tariff and non-tariff barriers to U.S. farm products. In a letter sent to the Office of the U.S. Trade Representative, 53 organizations, led by the National Pork Producers Council, urged the Trump administration “to continue stressing to [the EU] that only a truly comprehensive agreement will be acceptable to the Administration and, ultimately, to the U.S. [node:read-more:link]

Stabenow: Farm Bill would benefit Detroit's urban agriculture

Democratic U.S. Sen. Debbie Stabenow on Monday championed reforms to encourage urban agriculture in the 2018 Farm Bill. Stabenow, a ranking member of the U.S. Senate Committee on Agriculture, Nutrition and Forestry, urged President Donald Trump to sign the bipartisan legislation that would widen a safety net for farmers, encourage conservation efforts and protect food assistance programs.Both chambers of Congress passed the bill by wide margins last week."I see through the lens of Michigan, and Michigan really is on every page," Stabenow said during a press conference at Eastern Market. [node:read-more:link]

U.S. ethanol producers seek pricing reform as markets plunge, ADM sells

U.S. ethanol producers stung by collapsing prices are seeking changes to the way benchmark values for the biofuel are established, arguing the current system used by exchanges is vulnerable to manipulation, according to sources. The push comes as the key farm belt industry struggles with weak demand growth, a loss of export markets due to the U.S. trade war with China, and aggressive selling by global commodities giant Archer Daniels Midland Co that have pushed ethanol prices to 13-year lows.Top U.S. [node:read-more:link]

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