Items: Policy & Trade
Where Is the Base? Farm Bill Enhancements Could Be Negligible Without a Base Acre Update
By Grant Gardner | Assistant Extension Professor
Published on Oct. 31, 2024
The current farm safety net can be found in Title 1 of the farm bill, a piece of omnibus legislation
ADM Requirements to Comply with New EU Regulation Impacting Kentucky Soybean Producers
By Grant Gardner | Assistant Extension Professor and Jordan Shockley | Associate Extension Professor
Published on May. 24, 2024
Starting December 24, 2024, the European Union (EU) will require all imported soybeans to be deforestation-free. The policy aims to prevent deforestation and promote sustainable agriculture practices. Consequently, soybeans destined for the EU market must be traceable back to specific fields where they are grown.
Farm Bill Update – May 2024
By Will Snell | Extension Professor
Published on May. 24, 2024
Following the expiration and eventual extension of the 2018 farm bill last fall, interested parties have been attempting to get a farm bill moving in this session of the U.S. Congress prior to the existing farm bill expiring on September 30, 2024.
Drivers of Commodity Prices: Exports
By Grant Gardner | Assistant Extension Professor
Published on Apr. 29, 2024
Since the onset of COVID, agricultural commodity charts have resembled the track of a roller coaster, with huge peaks and valleys. Global geopolitical events and conflict intensify these peaks and valleys. During the 2023/24 marketing year, commodity prices have transitioned downward.
The Ag Census Confirms Geographic and Commodity Shifts in the Kentucky Farm Economy
By Will Snell | Extension Professor
Published on Mar. 28, 2024
The twenty-year time frame between the latest USDA Ag Census (2022) released earlier this year and the 2002 Ag Census occurred during a period of dramatic changes in Kentucky agriculture. During this two-decade period, the tobacco buyout was passed (in 2004) and implemented (2005-2014), the Kentucky Agricultural Development Board made significa
Farm Bill Update – January 2024
By Will Snell | Extension Professor
Published on Jan. 30, 2024
Following the expiration of the 2018 Farm Bill on September 30, 2023, Congress extended the 2018 Farm Bill late last year until September 30, 2024.
Ag Export Growth Subsides Amidst a Changing Global Economy
By Will Snell | Extension Professor
Published on Jun. 29, 2023
After achieving a record high of $196.4 billion in FY 2022 (October 1, 2021- September 30, 2022), USDA has for the second time reduced its 2023 FY forecast for U.S.
Current State of Carbon Market Policies
By Jordan Shockley | Associate Extension Professor
Published on May. 30, 2023
While traveling across the U.S. discussing carbon markets with various stakeholder groups, one frequently asked question is, “Will the government have its hands in carbon markets?” When this question was asked at the beginning of 2022, my answer was no.
2023 Farm Bill Overview and Update
By Will Snell | Extension Professor
Published on Apr. 28, 2023
The 2023 Farm Bill debate continues to evolve in our nation’s capital amidst a lot of political challenges.
USDA Revising Tax Documents for Assistance Under the Inflation Reduction Act
By Jerry Pierce | KFBM Program Coordinator
Published on Apr. 21, 2023
USDA is mailing revised tax documents and a cover letter to about 12,500 direct loan borrowers who received financial assistance last year under Section 22006 of the Inflation Reduction Act.
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