FarmPolicy

December 9, 2019

Farm Bill; Appropriations; CFTC; Ag Economy; Regs; and, Biofuels

Farm Bill, Executive Branch Bee Initiative, Labeling Issue

Bradley Lubben and James Pease indicated recently at Choices Magazine Online (“Conservation and the Agricultural Act of 2014”) that, “While overall conservation spending is projected to decline from baseline levels under the new Act [The Agricultural Act of 2014 (the Act), or commonly the 2014 Farm Bill], the allocation of spending among conservation programs provides insights into the changing focus of conservation efforts. Analysis from the U.S. Department of Agriculture (USDA) Economic Research Service illustrates the changing conservation priorities since the 1996 Farm Bill (USDA Economic Research Service, 2014). Figure 1 shows the share of conservation spending by 2014 Farm Bill major program area (and their predecessors). Reduced spending for the conservation title primarily comes from reductions in CRP funding resulting from a lower enrollment acreage cap. While the CRP has been the largest single component of conservation spending since its creation in 1985, working lands programs (EQIP and CSP) are projected to comprise the majority of spending over the fiscal and program years 2014-2018. Working lands program funding is projected to continue its growth throughout 2014-2018, but at slower rates than the pre-Act baseline. And ACEP easement programs are expected to receive less funding under the 2014 Farm Bill than their predecessor programs received under the 2008 Farm Bill.

“Reduced conservation program funding could reduce conservation efforts nationally, although the extension of conservation compliance requirements to crop insurance program participants should expand the requirements for maintaining at least minimal conservation practices on agricultural land across the country.”

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