If we needed a reason for why a strong farm bill must be reauthorized without delay then this week provided one. Actually, this week provided 649,355 reasons.
“As we begin negotiations around a new Farm Bill, I for one will be an outspoken advocate for crop insurance. It is not just an ‘insurance policy’ for farmers, but also an ‘insurance policy’ against disruption and financial instability in the food production sector.”
“No one saw this large and sustained drop coming,” explained Dr. Joe Outlaw of the Agricultural and Food Policy Center at Texas A&M University.