A report from USDA Economic Research Service reveals that from 1991 to 2015, commodity program payments, some conservation program payments, and Federal crop insurance indemnities have shifted to larger farms operated by higher income households. This reflects consolidation in agricultural production. The study also noted that the composition of direct financial support has shifted, with commodity program payments' share of the total falling from 89% to 43% over the period, as the shares of spending from conservation and crop insurance support increased.
More Breaking News« USDA Announces Beginning Farmer and Rancher Development Program Funding Awards :: California Healthy Soils Week to Take Place December 4-7 »
No Comments for this post yet...