The All Children are Equal Act of 2011, introduced in the House by Representatives Glenn Thompson of Pennsylvania and G.K. Butterfield of North Carolina, has the support of the American Farm Bureau Federation. Farm Bureau believes the legislation would correct a major flaw in the formula used to allocate Title I funds for the education of disadvantaged students.
The ACE Act calls for a gradual correction in the weighting factors used to allocate funds to schools over four years. AFBF supports the bill because a cornerstone of the organization’s rural development policy is the belief that strong rural schools are vital to enhancing the lives of rural Americans and will foster development of robust and prosperous rural communities.
WASDE Report Still Counting
In its July crop report, USDA forecasted higher corn stocks than what was forecast in the June report. The July World Agricultural Supply and Demand Estimates report projects corn stocks at 870-million bushels for the 2011-2012 marketing year, 175-million bushels more than the June estimate.
American Farm Bureau Federation Crops Economist Todd Davis says the increase is due to USDA raising its harvested corn acreage estimate to 84.9 million acres, which should mean an additional 270-million bushels in corn production.
USDA expects this year’s U.S. winter wheat production to be 1.49-billion bushels. That figure is up 3% from last month and up slightly from 2010. The United States yield is forecast at 46.2-bushels per acre. The area expected to be harvested for grain totals 32.3-million acres, unchanged from the June 30 report and up 2% from last year.
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