Page 9 - Render Apr.23
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CBO Paints Bleak New Farm Bill released its most recent budget outlook, health, and the diagnosis isn’t good. Over debt, which is $3 trillion more than previously expected. With higher interest rates, the interest on that debt has also rocketed higher from $739 billion in 2033, showing that higher costs for government’s books. on the nation’s signature food and agriculture policy programs to exceed Total outlays for the U.S. Department of Agriculture’s mandatory farm more than what CBO said the Farm Bill the total cost of Farm Bill spending is Bill spending. cost of food when determining monthly (COLA) based on the government’s When it comes to the namesake farm programs, like crop insurance and www.rendermagazine.com commodity safety net programs, crop insurance outlays including delivery expenses, premium cost-sharing and underwriting gains across fiscal years Outlays for commodity support programs such as Price Loss Coverage, Agriculture Risk Coverage, Dairy Margin Coverage, and livestock and tree disaster programs, Current Farm Bill authority expires Sept. 30, but if the recent past is prologue, most Farm Bill watchers expect some type of extension. The last three Farm pass the new laws. The last two Farm Bills ominous warnings this time around. rewrite a trillion-dollar Farm Bill. R SHELF LIFE FOUND ONLY IN NATURE NaSure® natural antioxidants and extracts deliver the shelf life you expect with the label pet owners want. Contact us today to learn more about our complete line of shelf life solutions. SEE YOU AT PETFOOD FORUM BOOTH 1815 Email: info.us@camlinfs.com | TOLL: 1-844-808-2063 Render 7 US/SLS/MAR2022
