FarmPolicy

February 27, 2020

D.D.A. Post Davos

Categories: Doha / Trade /EU

Additional news regarding the Doha round of W.T.O. trade talks has been posted at the German Marshall Fund’s Trade & Development webpage, for complete details, just click here.

-Keith

Reaction To U.S.D.A.’s Farm Bill Proposal

Categories: Farm Bill

To listen to an audio summary of the Administration’s Farm Bill proposals, which includes analysis from Mary Kay Thatcher of the American Farm Bureau Federation, and Scott Faber of Environmental Defense, see this Ag Policy Soup segment from yesterday. The presentation lasts about 10 minutes.

Yesterday, U.S. Secretary of Agriculture Mike Johanns presented the Bush administration’s 2007 Farm Bill proposals. For complete details on the presentation and changes that the executive branch will be working towards, see this U.S.D.A. webpage.

Martha Angle, writing in yesterday’s Congressional Quarterly Midday Email, provided this summary of some of the points contained in the new plan, “The Bush administration today unveiled its $87 billion farm bill proposal, which would bar wealthy agribusiness operations from getting farm subsidies.

“Farming operations that make more than $200,000 in adjusted gross income a year would not be eligible for subsidies under the proposal, said Agriculture Secretary Mike Johanns. The plan could save the government $1.5 billion over the next 10 years.

“Currently, farming operations that bring in less than $2.5 million in adjusted gross income can receive payments. The new rules would exclude about 80,000 farms.

“Saving money is a major theme of USDA’s proposal for reauthorization of the 2002 farm law. Overall, the administration says its measure would save $10 billion compared with the $98 billion spent under the 2002 law.

“Johanns said USDA also wants to make the next farm bill more equitable and move toward compliance with international trade rules. ‘These proposals will distribute resources more equitably,’ he said. ‘They are better able to withstand challenge, and these proposals transition toward market-based programs.’”

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