USDA farm payments revised

The U.S. Department of Agriculture has finalized a rule to ensure that farm safety-net payments are issued only to active managers of farms that operate as joint ventures or general partnerships, consistent with the direction and authority provide by Congress in the 2014 Farm Bill. The action, which exempts family farm operations, closes a loophole where individuals who were not actively part of farm management still received payments.

“The federal farm safety-net programs are designed to protect against unanticipated changes in the marketplace for those who actively share in the risk of that...