Saturday, April 24, 2021

Steps to take millions of acres out of production

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2021-04-24  I   View in Browser


 
 
 
 
Trending news from Pro Farmer.
 
USDA/White House/Dems Want to Take Millions of Farms Acres Out of Production
 
It didn't take long for commodity traders to wonder if this is the first of several steps by Democrat-controlled USDA and the Biden administration to boost the idling of acres by a significant amount, despite tight carryovers of some key crops.
 
 
USDA to Boost Rental Rates, Provide Incentive Payments to Lift CRP Acres Near 25 Million Cap
 
Ag Secretary Tom Vilsack announced USDA will open enrollment in the Conservation Reserve Program with "higher payment rates, new incentives, and a more targeted focus on the program's role in climate change mitigation."
 
 
China Recommends Cuts to Corn, Soymeal Use in Feed
 
China issued guidelines recommending cuts to corn and soymeal use in pig and poultry feed. China is thought to have a much larger corn deficit than it has let on.
 
 
 
 
 
 

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