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Search Results: keywords:"farmers compensation"

  • S. 4353 aims to amend the Federal Crop Insurance Act by changing how quality loss adjustments are handled for crops. Under the proposed changes, there will be a periodic review of these procedures every five years starting in 2024, involving industry stakeholders. The bill also requires...

    Simple Explanation

    This bill wants to change the rules for how farmers are paid if their crops lose quality because of bad weather. It says that every five years, people will check to make sure the rules are fair, and they can also change how much soybeans cost if there's a big disaster.

  • H.R. 8229 aims to modify the Agricultural Act of 2014 by introducing additional payments for unborn livestock under the livestock indemnity payment program. This bill mandates the Secretary of Agriculture to provide extra compensation to qualifying farmers who experience...

    Simple Explanation

    H.R. 8229 is a plan to give farmers extra money when their baby animals don't make it before they're born, starting from January 1, 2024. The amount of money they get is decided by a special farm helper in charge, but it can't be too much compared to what's given for the smallest animals.