marketing assistance loans/loan deficiency payments

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. 

Read more »
Syndicate content