Farm Bill- Budget Issues
A news release yesterday from University of Missouri Extension indicated that, “There is a lot of uncertainty about farm policy in Washington, and current budget debates will determine whether there will be a farm bill and what it will look like, said Pat Westhoff, director of the University of Missouri Food and Agricultural Policy Research Institute.
“‘The sequester that is scheduled to take effect on March 1 will cut many spending programs, and some people have proposed farm programs cuts as well as other programs to try and avoid some parts of the sequester and pay for delaying it,’ said Westhoff at Ag Unlimited, an annual banquet held by the MU College of Agriculture, Food and Natural Resources.
“‘Other things that are coming up are appropriations bills for fiscal year 2013 that need to be resolved fairly soon, and the specter of the debt limit will have to be discussed,’ he said.”
Yesterday’s news item noted that, “‘Things are changing by the hour, but it appears that getting a five-year farm bill this year is far from a sure thing,’ Westhoff said. ‘There is maybe a one-in-four chance of passing a bill that looks sort of like the bills that were discussed in Congress last year; a one-in-four chance of passing something that is much more severe in terms of budget cuts affecting agriculture; and maybe a 50-50 chance of simply extending current legislation yet another year.’”