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Agriculture Today

2012 Farm Bill update




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January 4, 2012 | 4243 views | Post a comment

In advance of renewed congressional efforts to complete a new Farm Bill in 2012, the American Soybean Association reported in the Dec. 22 American Soybean Association Weekly Leader that the association is considering alternative farm programs to those established in the 2008 legislation. The American Soybean Association supported the Agriculture Risk Coverage program that was included in a proposal advanced by the chairs of the Senate and House Agriculture Committees as part of the Budget Control Act process that collapsed on Nov. 21. While final details were not disclosed, the Agriculture Risk Coverage program would reportedly have partially offset revenue losses exceeding 13 percent of recent average commodity-specific revenue at the farm level. . . .

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