January 23, 2020

Farm Bill; Ag Economy; Biotech Issue; and Trade

Farm Bill Issues

Phil Izzo reported on Friday at the Real Time Economics Blog (Wall Street Journal) that, “Growth in the food stamp program continued in the U.S. — with 27 states providing benefits to at least 1 in 7 people.

“The number of food stamp recipients increased 0.1% in April, the most recent month available, compared to March, with 44.5 million people receiving benefits, according a new report from the U.S. Department of Agriculture. Food stamp numbers aren’t seasonally adjusted though, meaning a variety of factors could influence the monthly tallies.

“The food stamp program ballooned during the recession as workers lost their jobs or saw their hours and income reduced. The rate of increase has slowed a bit, but enrollment in the program is still high with 10.4% more people tapping benefits in April than the same month a year earlier.”

Also with respect to SNAP, the recent Op-Ed “The Food-Stamp Crime Wave,” which was published late last month in The Wall Street Journal, generated three interesting leaders to the editor on the nutrition issue that were included in Friday’s paper.