The Department of Agriculture is preparing to submit an information collection requirement to the Office of Management and Budget (OMB) for review under the Paperwork Reduction Act. They are seeking public comments by April 3, 2025, on the necessity, accuracy, and burden of the information collection. The National Agricultural Statistics Service (NASS) plans a change in their Agricultural Prices data collection, aiming to enhance efficiency by integrating data from a discontinued survey into another ongoing survey. The information collected helps compute prices received by farmers for various crops and plays a significant role in several government and economic analyses, including disaster payments and projections of farm income.
Simple Explanation
The Department of Agriculture wants to ask people for their opinions on a new way they're collecting data about farm prices to see if it's a good idea or too much work. They're changing how they gather this information to make it easier, but some people might be worried about whether this change will still be accurate.