February 29, 2020

Farm Bill; Ag Economy; and, Biofuels

Farm Bill- Policy Issues

David Rogers reported yesterday at Politico that, “Maybe it’s time to admit that whatever comes out of the great Farm Bill Wars in Congress will be — an experiment.

“Indeed, it’s a whole new world already compared to the last enacted bill in 2008, which passed by veto-proof margins and was helped along then by added money for nutrition and continued direct cash payments to farmers.

This time the mandate is entirely different: requiring a major rewrite of the commodity title while also tackling food stamps — all in the name of reform and deficit reduction.”

“So why is it so hard?” Mr. Rogers asked, “One big reason is that everyone seems to have underestimated the challenge of replacing the current system of direct cash payments that’s been the backbone of the commodity title since 1996.”