Kub's Den
Elaine Kub Contributing Analyst
Thu Sep 4, 2014 09:57 AM CDT

U.S. farmers are contemplating a staggering array of new farm bill programs to (theoretically) manage their production risks and price risks for the next five years. At the informational meeting I attended, the list of acronyms discussed included PRC, SCO, ARC-CO, ARC-IC, MYA, DCP, ACRE, CRP, CC, RMA, LDP, AGI, HELC, WC, FAV, CSP -- and there were probably others. Yes, it may seem overcomplicated, but hey, at least we're not living in Russia, where their domestic agriculture industry doesn't get support like this. Their resulting lack of self-sufficiency is becoming all too clear for grocery shoppers, who have seen ...

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