FarmPolicy

July 24, 2017

Farm Bill- Policy Issues; Biofuels; Ag Economy; Trade; and MF Global

Farm Bill- Policy Issues

Reuters writer Tom Polansek reported yesterday that, “North Dakota farmer Justin Zahradka will plant wheat this spring on 40 acres that has been off-limits for two decades, protected by a government conservation program that is shrinking as high crop prices make farmland more valuable.

“The 18-year-old high school senior leased the land a year ago from a neighbor who opted not to re-enroll it in the federal Conservation Reserve Program, a scheme that pays farmers and landowners nearly $2 billion annually to leave land idle in order to protect wildlife and the environment.

“After loosening up the soil with vegetables last year, he has high hopes for a good harvest. His acres are part of a total 1.7 percent rise in the number of acres of U.S. field crops that farmers are projected to plant this spring, according to Friday’s annual U.S. Agriculture Department plantings survey.”

(more…)