At one time, a former chief economist at USDA characterized farm programs being debated in Congress as "A Multiplicity of Confused Concepts," which translated into the acronym AMOCC.
Brad Lubben, an extension economist at the University of Nebraska, told farmers at the DTN/The Progressive Farmer Ag Summit that it's time to revive AMOCC for the current farm-bill debate and safety net options.
The bill has been debated at a time of record farm income. Farm bills are a produce of the times. The times now emphasize reducing budget costs.
Once a final bill is passed, farmers are going to have ...