FarmPolicy

July 23, 2019

Farm Bill; Biofuels; Ag Economy; Labor; Trade; and EPA Case

Farm Bill Issues

An update posted yesterday at Indiana Prairie Farmer Online reported that, “The Aggregate Risk and Revenue Management program, or ARRM Farm Bill proposal has been introduced by a bipartisan group of farm state Senators including Senator John Thune, R-S.D. So far it’s getting positive initial reaction among the agricultural community.

“Thune says it builds on the Average Crop Revenue Election and the crop insurance program to provide a safety net in crop years where prices are low. However, he says it’s less complicated and less restrictive than either ACRE or SURE.

“‘It does away with direct payments, it does away with counter-cyclical payments, and it sort of reforms the ACRE program and acts as a compliment to crop insurance,’ Thune said. ‘So for example if a farmer takes a crop insurance program, this would allow them to fill the gap between what crop insurance covers and what their 90% of revenue would be in any given year.’”

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