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09farmbill highlights

Farm bill’s highlights

• Increase nutrition programs, including food stamps and emergency domestic food assistance, by more than $10 billion. Also expand a program to provide fresh fruits and vegetables to schoolchildren.

• Expand subsidies for certain crops, extend dairy programs and increase loan rates for sugar producers. Would have the government buy surplus sugar and sell it to ethanol producers.

• Cut a per-gallon ethanol tax credit that supports blending fuel with the corn-based additive from 51 cents to 45 cents in favor of more money for cellulosic ethanol, which is made from plant matter.

• Add dollars for conservation programs designed to protect farmland.

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• Eliminate loopholes that allow farmers to collect subsidies for multiple farm businesses.

• Pay farmers for weather-related farm losses out of a $3.8 billion disaster assistance fund.

• Give tax breaks to owners of race horses.

What To Read Next
Caitlin and Jason Keck’s two-year term on the American Farm Bureau Federation committee begins next month.
The Minnesota Public Utilities Commission met on Jan. 5, 2023, to consider the application for Summit Carbon Solutions.
Qualified Minnesota farmers will receive dollar-for-dollar matching money to purchase farmland.