WASHINGTON, D.C., U.S. — U.S. Agriculture Secretary Tom Vilsack said on April 3 that significant progress has been made by the U.S. Department of Agriculture (USDA) on implementing the Agricultural Act of 2014 (the 2014 Farm Bill), which President Obama signed into law on Feb. 7.
“We are making tremendous progress implementing the new Farm Bill,” said Secretary Vilsack. “This law is critically important to America’s farmers and ranchers and to our nation’s economy. Every USDA agency is working diligently to implement the Farm Bill’s new provisions quickly and effectively.”
With 12 titles and over 450 provisions, the Farm Bill drives food, farm, conservation, trade, research, energy policies and more. Implementing such a large piece of legislation within the mandated timeline requires a coordinated effort across all areas of the USDA.
Immediately after enactment, USDA established a farm bill implementation team composed of key sub-cabinet officials and experts from every mission area of the department to put new programs in place and make mandated reforms to existing programs.
USDA also launched a website that provides details on Farm Bill implementation in one convenient location and the Economic Research Service launched a website highlighting some of the economic implications of the new programs and provisions.
In the weeks since enactment, USDA held 12 outreach and listening sessions to share information and hear from stakeholders on the 2014 Farm Bill implementation process.
Important progress has been made on every title of the Farm Bill including updates to risk management tools, modifications to farm loan programs, announcements regarding available funds for agricultural research and much more.
USDA has made providing long-awaited disaster relief to farmers and ranchers a top priority and quick implementation on relief programs is within sight. Beginning April 15, producers will be able to enroll in the Livestock Indemnity Program and the Livestock Forage Disaster Program.
USDA is also highly focused on providing timely educational materials on new risk management programs to farmers so they can make informed business decisions. Announcements on new agriculture research partnerships, conservation and nutrition programs, and other Farm Bill provisions will continue to be made in the coming weeks and months.
Since Russia’s invasion of Ukraine in February, the world’s wheat supply has been thrown into question, with poorer nations facing scarcity and a potential food crisis, according to the United Nations.
Following are countries among the world’s least developed that are the most dependent on Russia and Ukraine for their annual wheat supply (2020), according to the UN Conference on Trade and Development. Nations in Africa import 44% of their wheat from Russia and Ukraine, according to the UN.
In marketing year 2022-23, the world is projected by the US Department of Agriculture (USDA) to produce 779.03 million tonnes of wheat and provide 204.89 million tonnes for export.
These are the eight major wheat importing nations/regions as listed in the monthly USDA World Agricultural Supply and Demand Estimates (WASDE) report and their annual tonnes with production.
Russia’s invasion of Ukraine in February and the persistent La Niña climate phenomenon have combined to create some of the most volatile market conditions in recent memory, sending prices skyrocketing as nations that depend on wheat to feed their populations scramble to secure supplies.
Each month, the WASDE releases new projections to reflect the most recent global market and production conditions, and this slideshow will be updated with those changes.