Tuesday, September 18, 2018

Still no farm bill, on top of Trump's deranged tariffs

There's quite a good chance that there won't be one by the "deadline," and we'll see how much of a struggle it is to get the current one extended for a while.

When House and Senate versions of a farm bill were sent to a conference committee earlier this year, it appeared the major sticking point would be work requirements for food stamp recipients that were included in the House version. A deteriorating financial landscape for farmers and ranchers, however, has blown open the farm bill talks to go back to the basics of funding levels for various parts of the farm safety net, according to Pro Farmer Washington policy analyst Jim Wiesemeyer.
“(House Ag Committee Chairman Mike) Conaway wants to talk policy first and then see what funding is needed to get that policy,” Wiesemeyer says. “The Senate, however, wants to come up with specific maximum levels by title as far as funding and that’ll lock in certain areas where it doesn’t give you as much wiggle room. There’s also battles internally going on to which title gets how much funding because apparently the Senate wants to make rather significant changes in the farmer safety net.” - AgWeb
Meanwhile, who's going to get bailouts is clearly politically motivated.. And farmers are hurting regardless.

1 comment:

  1. Doesn't take a #MathGuy to see the wool being pulled over the farmer's eyes
    The National Corn Growers Association (NCGA) commissioned an economic analysis that found trade disputes to have lowered corn prices by 44 CENTS per bushel for crop produced in 2018.
    The Trump emergency subsidy will be ONE cent per bushel.

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