While the annual USDA Outlook Conference is ready to tee off tomorrow to discuss the current state and future outlook of the agriculture economy, The Washington Post teed off today on ag policy in an editorial. According to the Post:
Farming no longer resembles the hardscrabble family enterprise of so much mawkish marketing;
Farmers are wealthy, the U.S. food supply is not remotely at risk, and yet the government still piles on the subsidies;
Programs distort markets and shift resources to agriculture that might find more efficient use elsewhere.
In particular, the Post editorial hit direct payments, crop insurance and conservation programs and generally decried the level of subsidies during high crop prices. The pi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
