In Part 1 of the the simulcast covering the Farm Bill, KCUR and Iowa Public Radio discussed the largest part of the Farm Bill going through Congress: the SNAP program and cuts to its funding. But with a piece of legislation called the Farm Bill, there has to be provisions in it that affect the farms and farmers across our country, and indeed the Farm Bill does just that.
The U.S. House is set to take up the farm bill this week, after the Senate passed its version of the bill in early June. Both bills include about $500 billion in spending over five years. Few pieces of legislation can produce such sharp divisions, even by Washington standards—but few could have such immediate, significant impact on so many Americans.
Crop insurance is a big part of the farm bill debate in Washington this year. The Senate recently passed a bill that would expand the heavily subsidized program. And now the House is zeroing in on the issue.
Several pending amendments would curb how much the government provides to cut the cost farmers pay for crop insurance. But, crop insurance premiums aren’t the only part of the system supported by tax payers.
If you’ve experienced sticker shock shopping for ground beef or steak recently, be prepared for an entire summer of high beef prices.
Multi-year droughts in states that produce most of the country’s beef cattle have driven up costs to historic highs. Last year, ranchers culled deep into their herds – some even liquidated all their cattle – which pushed the U.S. cattle herd to its lowest point since the 1950s.