Farm Bill Issues
An update posted yesterday at The Oklahoma Farm Report Online reported that, “Work continues on the House version of the 2012 Farm Bill, and Congressman Frank Lucas took some time to speak with Ron Hays about the progress that has been made to date and how the process will continue.
“Lucas says that he has had the opportunity to read the version recently passed in the Senate. He says there are major differences in approach between the Senate and House versions.
“‘They have a bill that is very focused on crop insurance. It is very heavy on the crop revenue side which my economists on the House Agriculture Committee assure me will be good for the folks in corn and bean country in the Midwest. They’ve got a bill that is very frugal in its savings on the nutrition side. They save about $4 billion through reforms. The nutrition programs are about 80 percent of all farm bill spending. They have a bill that imposes a variety of other things, some conservation requirements on crop insurance and things like that.’”