December 10, 2019

Farm Bill; Renewable Energy-Biofuels; Trade; Climate Issues; and Financial Regulation

Farm Bill

Chris Clayton reported yesterday at DTN (link requires subscription) that, “The 2012 farm-bill debate is just beginning, but already battle lines are forming over the benefits of the current safety net versus a single, super crop-revenue assurance program.”

The article indicated that, “With its annual release of the farm-subsidy database this week, the Environmental Working Group pointed out the rising costs of crop insurance as part of the farm safety net. Direct payments and counter-cyclical payments cost $9.3 billion in 2009, while crop insurance cost $8 billion.”