Sunday, March 06, 2011

Changes to Farm Programs

Chris Clayton at DTN reports on suggested changes or possible changes in both direct payments and the SURE and ACRE programs from an Ohio State professor:

Zulauf said perhaps direct payments could be reformed in that farmers would receive them only if they have a loss. Going a step further, Zulauf said perhaps a loss should be required for receiving any farm safety net program. Such an idea could save $1 billion to $2.5 billion a year, he said, though Zulauf noted he doesn't have a way to fully model out that figure. Nonetheless, "This is not a small item."

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