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Solving the Threat to Global Wheat Supply

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President Biden is requesting $500 million for the farm  industry in  order to encourage U.S. wheat farmers to double crop their fields due to global grain price surges .

USDA  estimates it will help U.S. farmers replenish  up to 50% of the wheat typically exported  from Ukraine onto the global market. This will also  lower food costs for American consumers. The request includes about $100 million to pay for a $10 per acre incentive to farmers . This payment   through crop insurance premiums  will be  for a soybean crop planted after a winter wheat crop in 2023. 

Photo April Chepovskygold



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