Congressman Sanford Bishop Remarks on Peanut Industry

The House Appropriations Agriculture Sub Committee had a hearing yesterday morning.  Congressman Sanford Bishop made remarks on the peanut industry.

Bishop stated, “The overwhelming majority of peanut producers including the majority of peanut producers in Florida do not agree with those that have problems with the intent of the 2014 farm bill title 1 language.  This works for the peanut industry, and we are pleased with the reference price and base language in the 2014 bill.”

To view Congressman Bishop’s remarks in their entirety, please follow this link and fast forward to minute 56.

 

 

Secretary Vilsack meets with House Ag Committee

WASHINGTON, DC, 4/3/2014 — Earlier today USDA Secretary Tom Vilsack met with members of the House Agriculture Committee to discuss the implementation of the Farm Bill.

In his opening statement, Vilsack stated, “Farmers, ranchers and those working in supporting industries maintain an agriculture sector that has seen strong growth over the past five years. Agriculture accounts for about $746 billion in economic activity, supports one out of every twelve jobs in the economy, and helps to maintain vibrant, thriving rural communities. They are expanding into new markets around the world, spurring innovation, and creating jobs and opportunity on and off the farm, even in the face of uncertainty.”

To view Vilsack’s opening statement in its entirety, click here.

To view the progress of the 2014 Farm Bill implementation, click here.

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GPC, Washington DC Office

House Ag Committee Discusses Farm Bill Implementation

Earlier today Rep. Frank Lucas, Chairman of the House Agriculture Committee, held a hearing with U.S. Department of Agriculture (USDA) Secretary Tom Vilsack to review the state of the rural economy. With the recent enactment of the Agricultural Act of 2014, progress on implementing the law was the primary topic of discussion with members asking Secretary Vilsack for an update on his team’s efforts.

To view Chairman Lucas’ opening statement of this hearing, click here.

To view Ranking Member Peterson’s opening statement of this hearing, click here

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GPC, Washington DC Office.

USDA Prepares to Accept MAL and LDP Requests; Sets 2014 MAL Loan Rates

The 2014 Farm Bill establishes national loan rates for the 2014 crops of wheat, feed grains, oilseeds, pulse crops, milled rice, peanuts, extra-long staple cotton, wool, mohair, sugar and honey. The 2014 Farm Bill requires the upland cotton base quality loan rate to be determined annually according to the applicable statutory provisions. The 2014 crop loan rates are:

Wheat $2.94 per bushel
Corn $1.95 per bushel
Grain Sorghum $1.95 per bushel
Barley $1.95 per bushel
Oats $1.39 per bushel
Soybeans $5.00 per bushel
Other Oilseeds $10.09 per hundredweight for each “other oilseed”
Small Chickpeas $7.43 per hundredweight
Large Chickpeas $11.28 per hundredweight
Dry Peas $5.40 per hundredweight
Lentils $11.28 per hundredweight
Long grain rough rice $6.50 per hundredweight
Medium/short grain rough rice $6.50 per hundredweight
Peanuts $355.00 per ton
Upland Cotton $0.52 per pound *
Extra Long Staple Cotton $0.7977 per pound
Graded Wool $1.15 per pound
Nongraded Wool $0.40 per pound
Mohair $4.20 per pound
Raw Cane Sugar $0.1875 per pound
Refined Beet Sugar $0.2409 per pound
Honey $0.69 per pound

 

*The 2014-crop upland cotton loan rate was previously announced in a separate press release on Feb. 18, 2014.

To view entire press release from USDA regarding MAL and LDP requests, please click here.

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GPC, Washington DC Office

Peanut Industry Sends Letter to USDA

Washington, DC — March 17, 2014 — The Southern Peanut Farmers Federation, National Peanut Buying Points Association, and American Peanut Shellers Association sent a letter to Secretary Tom Vilsack in support of the 2014 Farm Bill. The 2014 Farm Bill encourages flexibility for peanut producers and provides a healthy marketplace for the U.S. peanut industry for the foreseeable future.

To view the letter that was sent to Secretary Vilsack, click here.

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GPC, Washington DC Office

2014 Farm Bill Fact Sheet

Washington, DC – March 12, 2014 — The Agricultural Act of 2014, also known as the 2014 Farm Bill, was signed by President Obama on Feb. 7, 2014. The Act repeals certain programs, continues some programs with modifications, and authorizes several new programs administered by the Farm Service Agency (FSA). Most of these programs are authorized and funded through 2018.

To view a summary of how the 2014 Farm Bill affects FSA customers, click here.

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GPC, Washington, DC Office

Farm Bill Webinar Archive

Many questions have arisen following the Congressional passage of the Agricultural Act of 2014. Those questions were addressed today at the Georgia Peanut Commission Farm Bill Update Meeting and Webinar. Speakers during the webinar include Stanley Fletcher, director of the National Center for Peanut Competitiveness and professor emeritus from UGA, Nathan Smith, UGA Extension economist for Peanuts and Bob Redding, Georgia Peanut Commission representative in Washington, D.C.

View archived webinar.

Dr. Joe Glauber addresses Agricultural Outlook Forum

Dr. Joe Glauber, USDA Chief Economist, stated the new Farm Bill WILL NOT have much impact on planting decisions in a speech today.

“The new farm bill will present program choices for most row crop farmers but programs should have minimal impact on planting decisions.

The Agricultural Act of 2014 was passed by Congress and signed by the President in early February (figure 7). Passage of the farm bill provides producers with more certainty regarding the structure of the farm safety net. The Act eliminates and replaces the direct and counter cyclical payments program and the Average Crop Revenue Election (ACRE) program with a new revenue-based program (Agricultural Risk Coverage or ARC) and a price-based program (Price Loss Coverage or PLC). Producers of covered commodities will have to make a one-time, irrevocable decision to select either PLC or ARC. If they select ARC, they will be faced with a further decision of whether to base ARC on a county basis by crop or on an individual, whole farm basis. For those selecting PLC, they have the further opportunity to select Supplemental Coverage Option for crop insurance.

Since both the PLC and ARC programs are based on producers’ base acres rather than on their actual planted acres, the programs will likely have limited impact on acreage decisions.”

Please click here to view Glauber’s speech.

Please click here to view Glauber’s presentation.

 

Georgia Peanut Commission set to hold Farm Bill webinar on Feb. 24

Many questions have arisen following the Congressional passage of the Agricultural Act of 2014. Those questions will soon be addressed at the Georgia Peanut Commission Farm Bill Update Meeting and Webinar on Monday, Feb. 24 at 10:30 a.m. The webinar will be broadcast live at the University of Georgia (UGA) Tifton Campus Conference Small Auditorium in Tifton, Ga. and five additional locations in Georgia.

Peanut farmers are encouraged to attend to learn more about the specifics contained in the farm bill concerning peanuts for the 2014 growing season. The additional locations include: Emanuel County 4-H Building, Swainsboro, Ga.; Mitchell County Ag Center, Camilla, Ga.; Oconee Fall Line Technical College, Dublin, Ga.; Sumter County Extension Office, Americus, Ga. and UGA Vidalia Onion and Vegetable Research Center, Reidsville, Ga.

Speakers during the webinar include Stanley Fletcher, director of the National Center for Peanut Competitiveness and professor emeritus from UGA, Nathan Smith, UGA Extension economist for Peanuts and Bob Redding, Georgia Peanut Commission representative in Washington, D.C. Growers will also have an opportunity to ask questions during the program.

For more information contact the Georgia Peanut Commission office at 229-386-3470 or info@gapeanuts.com. The archived webinar will be available on the GPC’s legislative blog, www.AmericanPeanuts.com following the event.

View the Farm Bill Update & Webinar Locations