Last week was a week of waiting. Waiting to see how much ag product China will actually buy and when (if it happens at all). Waiting to get back in the field to finish harvest, hopefully, and we are still waiting for details on the 2018 farm bill. American Farm Bureau Federation Executive Vice President Dale Moore told a crowd at the Indiana Farm Bureau State Convention that we might have some answers on the farm bill as early as today.
“The Congressional Budget Office has finished its calculations, and hearing from both sides of the hill, both sides of the aisle, that they anticipate as early as Monday we’ll get to actually look at what that final bill looks like. Maybe as early as Wednesday, we’ll see one of the floors, either the House or Senate, moving to adopt this farm bill.”
Details of what made it into the bill have been scarce. Moore says he can confidently say these things did make it in.
“We know that they’ve made some fairly significant adjustments to how the ARC county programs work and how the PLC programs work, some adjustments around those areas to even out the differences between county to county type ARC payments, for example. We know that they’ve done a lot of tweaking, if you will, within the conservation title. The House made significantly more changes than the Senate, so we’re not quite sure how those are coming back together and what that final package looks like.”
Moore added, “The nutrition programs, we think, are going to be a lot closer to what the Senate passed than the House. Crop insurance, we understand, has done what we asked for and what they have been pushing for which is basically protect crop insurance. If you’re going to do anything, improve the programs.”