countercyclical payments

Understanding the Farm Bill Starts Here: All Our Articles in One Handy Place

The 2012 Farm Bill, a wide ranging bill that covers sustainable farming, organic food, big ag, food accessibility, and much, much more, will affect each and every one of us. Sadly, most people don't understand what it is or why it matters, and even fewer feel empowered to get involved and make a difference. Over the past several months, Simple, Good, and Tasty has published a series of articles about the Farm Bill, attempting explaining the issues in basic, understandable terms. These include:

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Understanding the Farm Bill: Who Benefits From the Current Commodity Programs?

In my last Farm Bill post, I wrote about the argument for directly subsidizing agricultural production: farm income is erratic, and in order to keep farmers in the business of supplying the food and fiber we all need, they must be guaranteed an adequate income. Under the current system, farmers are given direct payments simply for growing an eligible crop, such as corn or soybeans. In years when prices fall below the target price for a particular crop, they also receive countercyclical payments. 

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Understanding the Farm Bill: Digging Into the Commodity Programs

Now that we’ve discussed nutrition and conservation programs in the Farm Bill, the time has come to direct our attention to the elephant in the room: agricultural subsidies. The commodity programs represent 15% of Farm Bill spending, which is $42 billion, the second largest Farm Bill allocation (you’ll recall that nutrition spending is the largest). And it’s a controversial topic that requires some careful consideration.

Since the commodity support programs are such an important topic, we’ll spend a few weeks on them. This time, we’ll try to understand how the commodity programs came to be and how they work, and next time we’ll talk more about their implications. 

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