Ag Policy Blog
Chris Clayton DTN Ag Policy Editor

Friday 12/21/12

A 2013 Farm Bill is a Nice Christmas Gift
I just want to share the gratitude of those of us in the agricultural policy community for the wonderful re-gifting House leaders have bestowed on all of us this holiday season. To think that we will get the opportunity to continue discussing the 2013 farm bill is certainly a joy that many of us will cherish, even if it looks like we got this same gift last year.[Read Full Blog Post]
Posted at 8:46AM CST 12/21/12 by Chris Clayton | Post a Comment
Comments (9)
Now Chris, make sure you re-center your tongue before you bite down on anything. I've done it, myself, and brother does it hurt. (Of course, you probably already suspected this, as you've read my comments over the last year or so.) Merry Christmas & a Happy New Year to you and your whole personal and professional family.
Posted by Ric Ohge at 9:22AM CST 12/21/12
The potential doubling of milk prices is viewed as a total disaster by many. RFS is a major factor in the doubling or tripling of corn and soybean prices. Where is the outrage over the government mandated use of ethanol?
Posted by Lon Truly at 12:26PM CST 12/21/12
Throwing money at problems is not the solution. Throwing money is the problem. See http://www.aberdeennews.com/news/aan-column-congressional-proposal-just-insane-20121215,0,3938965.story
Posted by Lon Truly at 12:55PM CST 12/21/12
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 minimal 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 multi million dollar business benefits.
Posted by Lon Truly at 1:13PM CST 12/21/12
A major reason that margins in ag are tight is because of government not only assuming nearly all the production and marketing risks for many of the major ag crops, but also government guaranteeing a profit to many farmers with current prices and current government insurance schemes. Current farm bill proposals double down on these government risk assumption schemes with new and crazier shallow loss income guaranteeing schemes. When farmers have to budget for more of the production and marketing risks they are not as crazy about driving profitability margins below zero.
Posted by Lon Truly at 1:27PM CST 12/25/12
And now that Christmas is over, the President is tired of vacationing, the S'mores and MeToo's can line up on Give Away Avenue in D.C. hoping the gifts will continue flowing.
Posted by Bonnie Dukowitz at 6:07AM CST 12/26/12
Bonny...I'll never look at "S'mores" the same way, ever again. You also do "tongue-in-cheek" very well.. Late Merry Christmas & Happy New Year. R
Posted by Ric Ohge at 9:34AM CST 12/26/12
Ditto's to All,
Posted by Bonnie Dukowitz at 10:12AM CST 12/26/12
Chris, The only problem with your letter "commentary" to Speaker Boehner and House Majority Leader Cantor is that I didn't write the letter.
Posted by W Lee Deutsche at 11:35AM CST 12/26/12
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