The American Farm Bureau Federation sent a farm bill proposal to Capitol Hill this week that offers a diverse mix of risk management and safety net tools to benefit a wide range of farms and it saves $23 billion compared to the cost of continuing the current program.
“We’ve tried to look at providing farmers a three-legged safety net stool where every farmer would have crop insurance and marketing loans available to them,” said Congressional Relations Director Mary Kay Thatcher. The third leg would let farmers choose between a modified STAX (stacked income protection) provision, or a target price program.
Thatcher says the plan approved by the FB board over the weekend saves 23-billion over the current bill – the same as the senate bill last year.
Interview with Mary Kay Thatcher of AFBF
WASHINGTON (Nov. 20, 2006) — (AgNewsWire) With ethanol demand at record highs and existing strong food use of corn, some experts are wondering where the extra corn will come from. A new study released today by the
Washington, DC – (AgNewsWire) On the same week as the 73rd anniversary of the first farm bill (May 12, 1933), two former Secretaries of Agriculture under Republican and Democratic administrations and two Midwestern farmer leaders today endorsed new, visionary policy recommendations for the 21st century contained in a report released today by American Farmland Trust (AFT). Entitled Agenda 2007: A New Framework and Direction for U.S. Farm Policy, the new AFT report is a product of more than a year of consultation with hundreds of farmers, ranchers, economists and policy experts. Agenda 2007 offers guidelines and policy recommendations for the next farm bill. It was developed to respond to mounting budget deficits, the trade distortions of existing policies, the inequitable distribution of farm bill benefits and insufficient focus on infrastructure investment and on conservation, environmental, energy and other programs of great potential benefit to rural America. (