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Veteran Advisor
Jim Meade / Iowa City
Posts: 2,382
Registered: ‎04-30-2010
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Agriculture With No Farm Bill

[ Edited ]

What do you think agriculture, especiallly farming, would look like if there were no Farm Bill as it directly affects farmers?  Let's look at SNAP (food stamps), foreign food aid and the ethanol mandate and those things separately.   Assume they  continue to exist because they are really urban, foreign policy and envirionmental policy issues.  Figure food safety continues.

 

No subsidies, no crop insurance, no research or any other program directly or primarily aimed ast supporting the farmer.

 

What would farming look like this year?  Next year?  In 5 years?  In 20 years?  Would you prosper?  Would you manage differently?  Do you think you could run acceptable risk by using non-government risk management practices such as private/commercial crop insurance?  Futures, options and forward contracts or grow under contract?

 

Would farms get larger in size?  Would a crop disaster bring federal relief spending no matter what?  Would the dairy industry disintegrate, consolidate, or what?  

 

I am not talking about whether or not you use the Farm Bill provisions for your farm today or not, I'm talking about how the industry would adapt if the big picture changed.

 

Regardles of whether you think you'd like it or not, what do you think farming would look like?

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