Congressman
CHARLIE STENHOLM
17th District
of Texas
1211 Longworth
Bldg. |
P.O. Box
1237 |
1500 Industrial
#101 |
33 E. Twohig
#318 |
By Charlie Stenholm
June 14,
2002
2002 County Loan
Rates
The USDA recently announced county loan rates for 2002
crops as required by the new Farm Bill.
Because the new Farm Bill restructured national loan
rates, changes were required in county loan rates.
The new county loan rate structure, which provides upward
changes in most areas, reflects the most comprehensive adjustments in more than
15 years.
Some of the existing county loan rates go back to 1985 and
no longer reflect the geographic pattern of market prices.
It is expected that the changes will help to decrease the
disparities in loan deficiency payments and the market distortions that have
occurred in the past.
The USDA’s announcement included National Loan Rates by
class for the 2002 wheat crops, and county loan rates that will be updated to
reflect recent market price relationships among counties.
There will be separate oilseed rates for each commodity
based on the five-year average market price of each specific oilseed from 1991
through 1995.
The new law eliminates the sesame loan program and no
longer designates it as an eligible oilseed.
However, the 2002 Farm Bill mandated new loan programs for
both peanuts and pulse crops (such as dry peas, lentils, and chickpeas).
For more information on new county loan rates, you may want to contact your local FSA office.
Conservation
Provisions of the Farm Bill
The 2002 Farm Bill invests
nearly $13 billion in conservation spending on America’s private lands over the
next six years and builds upon the gains made by past conservation efforts.
Under this bill, conservation
spending increased by 80 percent and responds to a broad range of emerging
natural resource challenges facing farmers and ranchers, including soil erosion,
farmland protection, and measures to enhance wildlife habitat.
Farmers and ranchers will benefit from a variety of
assistance, including cost share, rental, incentive payments and technical
assistance.
In addition, the Farm Bill ensures greater access to these
programs by making more farmers and ranchers eligible to participate.
The Farm Bill provides the Environmental Quality
Incentives Program (EQIP) with the resources needed to streamline the program,
providing technical and financial assistance to eligible producers to address
soil, water and related natural resources concerns.
It offers cost-share payments to implement eligible
conservation practices, and incentive payments to implement land management
practices.
The Farm Bill continues and expands the popular
Conservation Reserve Program (CRP), that provides technical and financial
assistance to reduce soil erosion, improve water quality, and establish wildlife
habitat.
Under the new law, the overall acreage caps for the CRP
are expanded from 36.4 to 39.2 million acres.
The Farm Bill also created a new program, the Conservation
Security Program, designed to financially recognize ongoing stewardship efforts
and to help producers address additional resource concerns on agricultural
working lands. This program
will run from 2003 through 2007.
Also included in the Farm Bill are new initiatives that
address challenges in water quality and quantity.
A new ground and surface water conservation initiative
will help farmers improve irrigation, grow less water-intensive crops or convert
to dryland farming.
In addition, a new grassroots source-water protection
initiative will provide for wellhead and groundwater protection by working with
state programs.
USDA Purchases $8
Million of Lamb Roasts
Plans to purchase up to $8 million of lamb roasts for
distribution in federal food and nutrition programs were announced this past
week by the USDA.
The lamb roasts must be produced from domestic lamb and
are used through the lamb roast purchase program to provide healthy and
nutritious products for families participating in USDA’s food and nutrition
programs.
The lamb roast purchase
program is designed to benefit low-income consumers and is part of the $42.7
million Domestic Lamb Industry Adjustment Assistance Program announced last
September.
The $8 million was approved to continue the program through the end of 2003. Again, the frozen lamb roasts must be produced from domestic lamb.
Researchers Develop “Naked” Chickens
Here’s a new one.
Researchers at the Hebrew University in Israel have crossbred a small,
bare-skinned chicken with a regular broiler.
The result is a red-skinned, featherless chicken that
doesn’t require as much time to process as a chicken with feathers.
It is believed that such chickens would be well-suited to
poultry production in countries with very hot climates.
Folks, I have seen pictures of this chicken, and it is not
a pretty sight!
Return to 2002 News