NFU Applauds Right to Repair Act and Organic Dairy Marketing Assistance Program
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**USDA's recent hurricane crop insurance policy expansion to cover tropical storms has already provided farmers $85.4 million to help recover from Hurricane Idalia.
Additionally, producers have also received $84.8 million in indemnities for hurricane-related losses to help recover from Hurricane Idalia.
USDA's Risk Management Agency rolled out the new Tropical Storm Option for its Hurricane Insurance Protection earlier this year.
**The Agricultural Right to Repair Act was introduced in both the House and Senate, legislation that’s strongly supported by the National Farmers Union.
NFU President Rob Larew says the Right to Repair Act is an important step in the fight to ensure American farmers have fair and affordable access to the parts, tools, and information they need to fix farm equipment.
Right to Repair could save farmers $4.2 billion every year.
**The USDA is announcing a second round of payments for dairy producers through the Organic Dairy Marketing Assistance Program.
The agency is providing an additional $5 million to help dairy producers mitigate market volatility, higher input and transportation costs, and unstable feed supply and prices that have created unique hardships in the organic dairy industry.
The Farm Service Agency has already paid out $15 million in the first round of payments.
