November 20, 2019

Farm Bill; Ag Economy; Regulations; and Biofuels

Farm Bill: Conservation (CRP)- Production Capacity

DTN Ag Policy Editor Chris Clayton reported on Friday (link requires subscription) that, “USDA plans to enroll 4 million acres in the Conservation Reserve Program to replace acres scheduled to leave CRP next fall, Ag Secretary Tom Vilsack announced Friday, so the new sign-up should not affect 2011 crop-year acreage.

“Vilsack spoke at the opening of Pheasant Fest in downtown Omaha as wildlife groups such as Pheasants Forever have become some of CRP’s most ardent defenders. But given current commodity prices and demand for more acres to go into production, Vilsack said he did not want his enrollment announcement to affect the markets.

“‘I want to make sure that I emphasize these are acres that will go into effect next fall, in October, so it’s not like we’re going to substantially reduce production capacity this year. Obviously, we’re taking a look at commodity prices and making sure we have adequate production.’”