The farm bill debate has already started in farm shops and in Congress. With a tough agricultural economy and the fear of rising federal budget deficits after the recently signed tax bill, tensions will be running high on both sides of spending decisions.
“I think there is every reason to believe that we will do a farm bill next year, certainly at least an extension and the odds are that it will be re-written. The current tone is for limited change in all farm bill titles. A constrained budget is the key reason,” said Carl Zulauf, with the Department of Agricultural, Environmental and Development Economics at Ohio State University. “It will depend on how things evolve from here. I think there is a lot of political momentum and economic momentum for a new farm bill. It probably won’t get done until close to the election if not after, but I do expect us to get a new farm bill.… Continue readingRead More »