FarmPolicy

July 22, 2019

Farm Bill; Trade; Ag Economy; Regulations; and, Political Note

Farm Bill Issues

DTN Ag Policy Editor Chris Clayton reported yesterday that, “Corn farmers may not be looking as closely at the potential government payment for corn this year as some observers might think.

“Despite estimates of $70-per-acre payments for corn farmers in as many as 16 states for this year’s corn crop, the Congressional Budget Office released a new projection Monday showing only 37.5% of corn acreage will enroll in the new Agricultural Risk Coverage-County program.

The CBO forecast appears to run counter to the argument from Midwest agricultural economists that the Agricultural Risk Coverage-County program is the better option for corn farmers.”

(more…)