Search results
Results from the WOW.Com Content Network
Fruit and vegetable crops are not eligible for subsidies. [39] Corn was the top crop for subsidy payments prior to 2011. The Energy Policy Act of 2005 mandated that billions of gallons of ethanol be blended into vehicle fuel each year, guaranteeing demand, but US corn ethanol subsidies were between $5.5 billion and $7.3 billion per year ...
The agricultural policy of the United States is composed primarily of the periodically renewed federal U.S. farm bills. The Farm Bills have a rich history which initially sought to provide income and price support to US farmers and prevent them from adverse global as well as local supply and demand shocks.
Over the past 30 years, the federal government has given an estimated $45 billion to the corn industry to help support ethanol production. In 2011 alone, those subsidies totaled about $6 billion ...
Instead, the government began requiring farmers to enroll in a crop insurance program in order to receive farm payments. This led to years of the highest farm subsidies in American history. [15] Direct payments also began in the late 1990s as a way to support struggling farmers, regardless of crop output. [17]
Further, corn production for ethanol is increasingly taking place in areas requiring irrigation. [158] A 2008 study by the National Research Council concluded that "in the longer term, the likely expansion of cellulosic biofuel production has the potential to further increase the demand for water resources in many parts of the United States ...
Biofuels groups are eager for clarity on the tax credits for fuels that combat climate change, which they hope will ultimately provide a pathway for corn-based ethanol to expand its market as a ...
The United States Department of Agriculture has distributed up to $12 billion in financial aid to agricultural producers most affected by China's retaliatory tariffs. The USDA's aid came in the form of direct cash payments to producers of corn, cotton, soybeans, sorghum, wheat, dairy, and certain meat products. [18]
For premium support please call: 800-290-4726 more ways to reach us