One farmer sees the Inflation Reduction Act as good news for the 2023 Farm Bill

A farmer in Illinois sees the newly signed Inflation Reduction Act as good news for the 2023 Farm Bill.

Randy Desutter tells Brownfield Ag News, the IRA includes billions of dollars for conservation programs, which he says, could take some pressure off of Farm Bill funding. He says since there is so much money involved in the Inflation Reduction Act for conservation, there will be more money in the Farm Bill to further address issues like high input costs.


Inflation Reduction Act: How Senator Grassley says it will impact farmers

One House Ag Committee Member fears the Inflation Reduction Act will prolong Farm Bill discussions

Sec. Vilsack praises ag spending in the Inflation Reduction Act


Congress has already approved more than $11 million for design work and $45 million for the first phase of construction, which is set to begin next month.
Ongoing dryness is taking its toll on corn crop production in Mexico and South Africa, two other top global corn producers, as U.S. corn producers see some relief.
The inflation rate seems to be dropping faster here in the United States than in Canada, but according to the chief economist with one of Canada’s largest banks, looks can be deceiving.
High input costs are standing in the way of farmers intending to shift to more sustainable practices, according to research by McKinsey and Company.