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News Brief

April 30, 2012MARYVILLE, MO |  By: Wayman

Farm Bill

As both houses continue to wrestle with federal AG policy, one think tank in Nebraska says the proposed legislation still favors mega-farms over smaller ones.

Chuck Hassebrook is the executive director of the center for rural affairs. He points out federal dollars through the farm bill has been dropping for a decade, and the new bill does little to reverse the trend. He claims it continues to favor large operations by paying most of the crop insurance premiums even in recorded profit years.

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Senator Ben Nelson is one whose offered an amendment to block owners making more than a million dollars a year from getting farm payments. The law calls for the money in those withheld farm payments be reinvested in rural economic development programs, an estimated 250 million dollars in the next 5 years.