Disaster Relief Payment Rates Updated

Ahead of the Christmas holiday, Congress passed a funding bill to avert a government shutdown; extended the farm bill for another year and provided farmers with economic assistance. Green Solutions Group farm management analyst Kent Thiesse said the 2025 economic outlook pushed Congress to action. “There was a survey about a month ago of ag lenders and 80 percent of them either said we were in a recession or headed toward a recession in 2025.” Disaster relief payment rates also received an update. “This will be based on actual planted acres in 2024 as reported to FSA offices and for farmers that maybe have preventive planted acres, half of those acres would also count.”