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Posts tagged: RMA

Farm Service Agency Disaster Assistance Available for Producers Affected by Flooding, Fire and Tornadoes

The Farm Service Agency is reminding crop and livestock producers throughout states that have recently experienced severe damage from flooding, wildfires and tornadoes that FSA programs may be available to assist with recovery.

According to Acting FSA Administrator Val Dolcini, whether it’s wildfires in the Southwest, flooding or tornados in the Midwest, Plains, and Southeast, learning about our FSA disaster programs is an important first step for producers in the recovery process. Read more »

Renewable Energy Opportunities Discussed at Agriculture Outlook Forum

Speaking before a capacity crowd this morning at the USDA Agricultural Outlook Forum, a distinguished panel representing three federal agencies and a member of the agricultural media discussed Federal renewable energy policy and its prospects to reduce consumption of imported oil, improve environmental quality and produce new jobs in rural America. Read more »

Investigating Crop Insurance for Biofuel Sources

Energy crops have tremendous potential to reduce our dependence on foreign oil and create jobs in rural America.  USDA’s Risk Management Agency is expanding its efforts to see if new insurance products can be developed for the producers of these renewable, clean energy crops that are grown right here in America.

The Energy Independence and Security Act of 2007 established that a mandate that this country’s use of renewable transportation fuels reach 36 billion gallons by 2022.  Of that, 20 billion gallons are targeted to come from second generation biofuel sources, including switchgrass, energy cane, woody biomass and other feedstocks. The Act encouraged biofuels research and development. Read more »

Custom-Built Tax Resources for Farmers and Ranchers

Farming isn’t easy.  It’s a seven-days-a-week job that requires a diverse set of skills, long hours, and some luck with the weather.  It’s with this in mind that the National Farm Income Tax Extension Committee recently created RuralTax.org, an online tool that provides agricultural producers with a source for agriculturally related income and self-employment tax information that is both easy to understand and continually updated to reflect changes in tax laws.

The Committee has a 50-plus year history of working with the IRS to edit Publication 225: The Farmer’s Tax Guide. It’s comprised of representatives from more than 12 land-grant universities around the country, who realized the need to partner with USDA’s Risk Management Agency (RMA) to provide more information for farmers about Federal taxes. We at RMA are dedicated to providing useful tools for farmers to access crucial information and are proud to have provided support for the website. Read more »

Improvements in LGM Dairy Insurance

We here at USDA have been working on improving insurance coverage for America’s farmers and ranchers.  In particular, we have been working hard to improve insurance coverage for dairy producers.  In recent years, dairy farmers across the country faced a crisis and thousands considered bankruptcy.  One of the ways in which USDA has taken action is by improving the Livestock Gross Margin for Dairy Cattle plan of insurance. Read more »

Managing the Escalating Risks of Farming

Lancaster County, PA – Dairy farmer Luke Brubaker has managed risks well enough to establish a long history of successful, and environmentally friendly farming. At age 67, however, he recognizes that now is the riskiest time he has seen. Read more »