Senator Deb Fischer has reintroduced a bill that she says will help producers maximize the benefits of precision agriculture.
The bill packages three acts to include the Precise Act, which would ensure precision ag tech is eligible for assistance under existing USDA conservation programs. The Last Acre Act, which expands high-speed network connectivity across farm and ranch lands, and the PAL Act which provides dedicated loan financing for the purchase and retrofitting of precision ag technologies.
Sen. Fischer explained the need for the bill, saying, “Precision agriculture equipment enables America’s farmers and ranchers to be stronger stewards of the land; however, high upfront costs and a lack of rural broadband connectivity create frustrating barriers to entry...”
As the Trump Administration seeks out new global trade partnerships, Congress is considering more support for farmers, which comes as the Federal Reserve warns that farmers need a safety net.
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Ag Secretary Brooke Rollins will travel to Europe and Asia to seek new trade partnerships for U.S. crops after China reduced imports due to tariffs.
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The $221 million will help farmers and ranchers cover losses from Hurricane Helene that USDA programs didn’t cover. They’ll focus on infrastructure, markets, timber, and future economic losses.
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Tom Peterson with the New Mexico Cattle Growers Association says taxpayers are “unfortunate casualties” of this overlay now that the Mexican wolf population is stable under ESA guidelines.
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The amendments affect BLM lands in several Western states. Comments on the Sage grouse proposals can be made to the BLM National NEPA Register until Oct. 3.
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Mike Formica with the National Pork Producers Council joined us on Market Day Report with his reaction to the EPA’s rollback of a Biden-era wastewater discharge mitigation plan.
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Farmers are struggling with low commodity prices and skyrocketing input costs, resulting in debt that is outpacing income across the sector, according to the USDA’s new farm income forecast.
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