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Friday, January 26, 2018

USDA's Perdue More Involved In USDA Budget Plan, But Silent on Potential Crop Insurance Cuts


USDA Secretary Sonny Perdue, who was confirmed after the Fiscal 2018 budget plans by the Trump administration were put forward, told reporters in Pennsylvania Wednesday that he is more involved in this year's process. However, he would not say whether there will be sizable cuts to crop insurance proposed in the Fiscal 2019 plan. Some in Washington expect even bigger cuts for the program may be proposed in the Fiscal 2019 budget plan.
If that is the case, expectations are Congress once again will not follow the administration's proposed cuts. However, some expect that a big crop insurance cut proposed by the administration could be used to back amendments during the upcoming farm bill debate. And, with Congress unlikely to agree on a Fiscal 2019 budget any time soon, that could mean the new farm bill is likely to be written to the 2018 budget that requires no cuts to the farm bill or crop insurance.