Commodities and Futures News

Farmers allowed to pull land out of federal conserved contracts amid global food crisis -USDA

2022.05.26 18:20

Farmers allowed to pull land out of federal conserved contracts amid global food crisis -USDA
FILE PHOTO: Wheat grains are seen at the Farmers Cooperative Exchange during harvesting in Bessie, Oklahoma, U.S., June 12, 2019. REUTERS/Nick Oxford

CHICAGO (Reuters) – The U.S. Department of Agriculture (USDA) will allow farmers who are part of the federal conservation land contracts to voluntarily terminate their contracts and plant on that land, in order to help mitigate the global food crisis, the agency said on Thursday.

The offer is open to farmers who are in the final year of their contract with the agency’s Conservation Reserve Program (CRP), USDA said on a statement published on their website.

“Participants approved for this one-time, voluntary termination will not have to repay rental payments, a flexibility implemented this year to help mitigate the global food supply challenges caused by the Russian invasion of Ukraine and other factors,” according to the agency’s statement.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 75,009.10 0.85%
ethereum
Ethereum (ETH) $ 2,809.61 6.60%
tether
Tether (USDT) $ 1.00 0.04%
solana
Solana (SOL) $ 187.27 0.22%
bnb
BNB (BNB) $ 595.17 1.85%
usd-coin
USDC (USDC) $ 1.00 0.05%
xrp
XRP (XRP) $ 0.548976 2.66%
dogecoin
Dogecoin (DOGE) $ 0.19191 4.41%
staked-ether
Lido Staked Ether (STETH) $ 2,808.15 6.52%
tron
TRON (TRX) $ 0.160518 1.98%
cardano
Cardano (ADA) $ 0.373863 4.28%
the-open-network
Toncoin (TON) $ 4.90 4.05%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,321.32 6.75%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 1.71%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 74,936.08 0.88%
avalanche-2
Avalanche (AVAX) $ 26.89 1.88%
weth
WETH (WETH) $ 2,810.16 6.60%
chainlink
Chainlink (LINK) $ 12.28 3.82%
bitcoin-cash
Bitcoin Cash (BCH) $ 378.18 1.51%
sui
Sui (SUI) $ 2.27 1.36%
polkadot
Polkadot (DOT) $ 4.09 0.18%
leo-token
LEO Token (LEO) $ 6.23 0.55%
usds
USDS (USDS) $ 0.994694 0.37%
uniswap
Uniswap (UNI) $ 9.03 0.59%
litecoin
Litecoin (LTC) $ 70.82 1.31%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,958.36 6.74%
aptos
Aptos (APT) $ 9.86 5.54%
near
NEAR Protocol (NEAR) $ 4.17 0.40%
pepe
Pepe (PEPE) $ 0.00001 9.39%
bittensor
Bittensor (TAO) $ 516.57 1.68%
internet-computer
Internet Computer (ICP) $ 7.65 0.78%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.39 0.48%
dai
Dai (DAI) $ 1.00 0.06%
monero
Monero (XMR) $ 164.06 1.71%
ethereum-classic
Ethereum Classic (ETC) $ 19.98 4.06%
kaspa
Kaspa (KAS) $ 0.118896 0.83%
stellar
Stellar (XLM) $ 0.098678 1.90%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.14%
whitebit
WhiteBIT Coin (WBT) $ 19.34 0.50%
aave
Aave (AAVE) $ 186.15 15.53%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.341061 4.00%
blockstack
Stacks (STX) $ 1.66 0.62%
okb
OKB (OKB) $ 40.00 2.69%
first-digital-usd
First Digital USD (FDUSD) $ 0.999797 0.04%
crypto-com-chain
Cronos (CRO) $ 0.085902 0.74%
dogwifcoin
dogwifhat (WIF) $ 2.32 2.71%
arbitrum
Arbitrum (ARB) $ 0.579659 9.08%
filecoin
Filecoin (FIL) $ 3.73 3.06%
mantle
Mantle (MNT) $ 0.633914 8.12%
celestia
Celestia (TIA) $ 5.11 7.24%