Ag Policy Blog
Chris Clayton DTN Ag Policy Editor

Thursday 12/06/12

Farm Groups Push Again for Farm Bill
Leaders from several farm groups on Wednesday met with House Minority Whip Steny Hoyer, D-Md., to talk about the importance of finishing the farm bill before Congress adjourns.[Read Full Blog Post]
Posted at 5:19AM CST 12/06/12 by Chris Clayton | Post a Comment
Comments (4)
My father used to say "Lead,Follow or Get the Hell out of the Way". His words are applicable to the current status of the farm bill in the U.S. House of Representatives. Does the House of Representatives have any leadership?
Posted by W Lee Deutsche at 10:16AM CST 12/06/12
The clueless and or corrupt congress ever fixated on re-election has chosen to be oblivious to the economic carnage it is creating with the unfair and inequitable crop insurance schemes. It should be obvious to everyone that targeting the largest and most profitable farm businesses with the largest investment and income guarantees grants these operations with an overwhelmingly competitive edge in a highly competitive business. It should be noted that many of these operations have little or no land costs and that government has no business guaranteeing ever increasing land values with insurance schemes that cover land costs. It should also be obvious that smaller farm operations targeted with no or minimal government benefits have little or no chance of competing in such an economic environment. Considering the stratospheric levels to which land values have escalated it should be obvious to all that extreme government income and investment guarantees are capitalized into land values and that government has no business targeting the wealthiest with multimillion dollar business benefits and billions in insurance subsidies.
Posted by Lon Truly at 7:21AM CST 12/07/12
Congress's mindless obsession with targeting the wealthiest farmers with nearly limitless multimillion dollar investment/profit guarantees is one of the most disruptive financial forces to ever hit rural America. Smaller farmers given miniscle government benefits are stamped irrelevant by insane government insurance programs that destroy their ability to compete in any way with the umbrella of overwhelming superior investment/profit guarantees larded on the largest operations and are being rapidly driven from rural America. If smaller farmers are to have any chance of competing in America, government must be stopped from this mindless obsession of awarding the richest with the largest income/investment guaranteeing programs
Posted by Lon Truly at 7:22AM CST 12/07/12
The bottom line is that government beginning farmer insurance or other schemes do not work very well as for all practical purposes the only beginning farmers are the poor sons of the multimillion dollar net worth farmer fathers. And we all know that for all practical purposes, that the poor sons of the poor farmers are never able to out bid the poor sons of the wealthy farmers. So what is the point of the government spending billions subsidizing the poor sons of wealthy farmers expand that families holdings via some stupid government beginning farmer scheme.
Posted by Lon Truly at 7:24AM CST 12/07/12
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