Economics & Policy
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USDA’s Farm Service Agency (FSA) is reminding farmers and ranchers who participate in FSA programs to plan accordingly in FY2014 for automatic spending reductions known as sequestration. The Budget Control Act of 2011 (BCA) mandates that federal agencies implement automatic, annual reductions to discretionary and mandatory spending limits. For mandatory programs, the sequestration rate for…
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Cotton Marketing News is written biweekly by UGA cotton economist, Don Shurley, and sponsored by Southern Cotton Growers, Inc.
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UGA Extension Economist, Dr. Don Shurley, has been keeping tabs on the farm bill status. He has provided us an update this week. The 2008 farm bill originally expired in 2012 but Congress failed to complete action to legislate new law to begin in 2013. The 2008 farm bill was instead extended for an additional…