Trade and markets
 

Detail

Area
United States of America
Commodity Group
Oilseeds, oils and meals
Commodity
All oilseeds
Date
01/10/2014
Policy Category
Production
Policy Instrument
Agricultural policy
Description
Informed that (as part of the 2014 Farm Bill) a programme providing relief to farmers affected by severe weather would be implemented from 2015, so as to offer better risk coverage to farmers.
Notes
USDA informed that, as part of the broader Farm Bill, a new programme providing relief to farmers affected by severe weather is going to be implemented from next year. Thanks to the new regulation, eligible producers of selected crops, including soybeans, groundnuts rapeseed and sunflowerseed, will be able to benefit from better risk coverage under the federal crop insurance programme.