Making sense of the 2014 farm bill
Minnesota agriculture at a glance
- Creates 340,000 jobs
- State's second-largest industry
- Ranked fifth in nation for total production
- $75 billion/year in economic activity
- 79,800 farms
Minnesota's agricultural industry is the second-largest segment of the state's economy, generating over $75 billion in economic activity every year. The financial strength of our farmers is vital to Minnesota's economic health.
A key component of that strength is the 2014 farm bill. But first, farmers have to understand it. "The farm bill is a complex piece of legislation," says Kevin Klair, an Extension economist.
Because the 2014 bill expands the number of farm businesses eligible to participate, some will be new to the programs, and all will face new choices about how they will manage risk.
Extension is collaborating with the USDA's Farm Service Agency to deliver education on the farm bill to producers, landlords and agricultural professionals. The educational resources will include workshops, fact sheets and online tutorials.
"Extension has developed the tools producers need to decide which programs best fit their own business," says Deb Crusoe, Minnesota Farm Service Agency director. "Farm bill education is a big job and is important not only for farmers but for the entire state."
Visit Extension's agricultural business management website for more information.