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Veteran Advisor

Proposed Farm Bill Amendments

Received email from NCGA about writing to senators to oppose a couple of amendments --

 

"The Durbin and Grassley amendment #3103 would apply a means test to the crop insurance program for farmers with adjusted gross incomes (AGI) over $700,000, after which a farmer would face a 15 percentage point reduction in their crop insurance premium subsidy. This amounts to a 40% increase in a farmer's crop insurance bill."

 

"The Shaheen - Flake amendment (#3138) would cap premium subsidies at $125,000."

 

Thoughts?

 

An AGI of $700,000 and/or a total premium subsidy of $125,000 is a lot of money.  Should the government be subsidizing the risk for operations that exceed those levels?  Limiting the SUBSIDY is not a limit on purchasing the crop insurance itself, it is just a limit on how much the government shares in paying the premium.

 

Personally, I would like to see a poll of only actual farmers, to indicate whether or not they individually believe these limitations would be reasonable and sensible.  Obviously, the NCGA is opposing these amendments.

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9 Replies
Honored Advisor

Re: Proposed Farm Bill Amendments

I`ve always been in favor of meaningful payment limitations, if we are going to have a farmbill at all.  The way I see it is someone that is on a quest to farm the entire state shouldn`t look to the taxpayers to share in that risk.   My good friend SW and I disagree on that, but this is just my opinion on subsidy limits   Smiley Happy

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Veteran Advisor

Re: Proposed Farm Bill Amendments

WC   -   Check  $$$$   at   work  - obviously  - - -  

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Veteran Advisor

Re: Proposed Farm Bill Amendments

I strongly support both amendments.  In fact, they are too high - the limits should be considerably lower.

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Honored Advisor

Re: Proposed Farm Bill Amendments

SW  and on my side of the fence........ If it is insurance.....Who you going to share the risk with if your going to exclude 70% of the production.....so answer, to me, is IT is not insurance.  It is welfare for farms too small to make it without a government check. ----- economic reality.  Failure.... demeaning ..... show your tax records.  That is demeaning so we will check them for you.

Excluding by a measure on the tax filing papers of income in itself means USDA in total, is a welfare program that has very little to do with agriculture production in the US.  No incentives are provided for 70% of the production.  

 

Not just snap but every function in an FSA office is for a segregated group of the US population .  And established so those chosen few can draw off the taxpayer in another of several social services.

 

Using income measuring was a bad nail in the coffin for usda.... It publicly announced that food supply and US agriculture is only the purpose of USDA if you are a poor producer.

You must prove need....... to get your plastic card or your bail out check.

 

Smiley Happy   And BA is in a sticky position on this one.  He would agree with me if it was any department other than usda.     

 

 

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Veteran Advisor

Re: Proposed Farm Bill Amendments

SO   the  70%   are   receiving   70%  of  the  ''' check  - off   benefits  '''   ?  -  -  -  

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Honored Advisor

Re: Proposed Farm Bill Amendments

SW, I suppose I could be accused of wanting to subsidize the "buggy whip and carriage lantern" businesses.   However, I`m enough of a populist that I wouldn`t mind my tax dollars supporting the small rural community way of life.  I wouldn`t mind the small hardware store that`s been in business for 3 generations and now ran by a 85yr old or has closed up a decade ago being propped up where the Menards or Home Depot not receiving government support.  

 

There`s value in small farmers, small businesses, small communities.  Just because they aren`t completely economically viable and able to compete with the volume buying power and Wall Street money of the big stores.   Once these small communities are completely gone, they will be missed and we`re almost there, I think we are a decade late to save many of them, they will become ghost towns shortly.

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Veteran Advisor

Re: Proposed Farm Bill Amendments

Does   the  word   '''   T  I  F  ''''   come   to   mind  -  for   BIG  BOX  folks  ?   ?  

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Senior Contributor

Re: Proposed Farm Bill Amendments

SW, I must be missing your logic on this, too. Crop insurance obviously IS a form of corporate or business welfare, as the government subsidy amounts to a substantial part of the premium, or don't we agree on this? 

 

Why on earth should there not be some upper limit on how much welfare a business gets? If your argument is that the number should be zero, fine....lets go with that and scrap the government subsidized crop insurance altogether.

 

Was waiting in line today at a soybean plant with two younger guys, trucking as a day job but that are aspiring farmers and they were talking about how the big guys gooble up everything and they never get a door opened for them. Why would you not favor some preferential treatment for the guys trying to start farming if the government is going to give business welfare to anyone, why not the little guy??

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Honored Advisor

Re: Proposed Farm Bill Amendments

ribs-------  you prove my point......... You refer to crop insurance as welfare........ subsidized welfare........ The anti farmers have won you over...

 

I am just saying it cannot be both.  If most of the production is excluded from the program through income limitations.... it is not crop insurance.

 

It is social welfare just like you say....................... with a lot of number crunching and a lot of usda subsidy going to the insurance industry.

 

I can remember private crop insurance.  I liked it.  it was killed by government intervention.  Which is hailed by bureaucracy because it protects gov't  jobs by killing private sector jobs.   Same with healthcare where I get weekly reminders that I am not getting my drugs from the goverments chosen companies..... (I want to preserve our only locally owned pharmacy-- and government penalizes me for it. )

 

--------------------------

 

ribs..... so you believe usda has always been intended to be a welfare program?  Handing out money to the needy?

 

Wow. I am so far out of touch and I just left that board 20 years ago. ------------------ So Ill say this....... it has been cooped to be welfare by years of socialist rule starting with the EPA passing.   And in a way it is a North/South thing....... I am below the Iowa missouri line of demarkation.  I have not accepted the "welfareization" of every department of government.... I don't hate the rich.  I still live in the fantacy (and foolishness) that a good education and luck might get me there without the caring hand of government.  

I still believe that usda was implemented to be of assistance to private agriculture, not to take it over or determine the winners and losers in this struggle.

 

I foolishly think that farmers want to live independently with potential...... and should be appauled by the idea that when you grow and prosper your farm you will be demeaned and threatened by usda presonnel.  Hassled for not informing them ofthe details that are not elegible for and threatened with repayment of benefits for choosing the right or wrong form of tax entity.  Or just exceeding a pre set limit on your income.  What a terrible mistake to make.

 

Your right it is not crop insurance.

 

 

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