January 27, 2020

Farm Bill; Ag Economy; Trade; Biofuels, and Budget

Farm Bill Issues

Jennifer Steinhauer reported in Saturday’s New York Times that, “When it comes to spending cuts, members of Congress like to say that ‘everything is on the table.’ Except, generally, food. But now federal farm subsidies, long decried by policy makers as wasteful and antiquated but protected by powerful political interests, appear to be in serious danger.

“This week, Representative Paul D. Ryan, Republican of Wisconsin and the chairman of the House Budget Committee, told reporters, ‘We shouldn’t be giving corporate farms, these large agribusiness companies, subsidies. I strongly believe that.’

“His budget proposal would take $30 billion out of the farm program over the next decade.”