The passage of the 2014 Farm Bill marked a pivotal point in U.S farm policy, whereby the federal government ended direct payments in favor of crop insurance that farmers purchase to meet their unique needs. Crop insurance has been around since the 1930s and for most of that time was widely underused and unknown.…
When commodity prices were strong, farm incomes were up, and the agricultural sector was credited with helping offset some of the economic misery caused by the housing crisis, not too many people seemed happy for America’s farmers. Quite the opposite. A lot of folks used the positive economic situation to attack agriculture and farm…
Thailand is a behemoth in the world rice market by anyone’s definition. Using an assortment of subsidies and government programs, Thailand had grown to become the world’s biggest rice exporter by 2011. That year, it shipped 10.6 million tons of rice – or nearly one-third of global exports. Apparently, that wasn’t good enough. In…
During its recent annual convention, the American Sugar Alliance unveiled two educational videos to illustrate the ever-increasing rates of foreign sugar subsidization that are destroying the free market. The first video described the stagnant, low-price environment in North America and steps taken by the U.S. sugar industry to increase its efficiency to survive, including…