Foreign Cheating Continues As Farm Bill Debate Unfolds

U.S. flagged vessels headed for China made an abrupt U-turn last month and headed for new ports. It wasn’t the weather that forced the change of course, but rather the contents in the ships’ hulls. Although the cargo involved is relatively small in the overall scope of agricultural trade, it did send off alarm bells for farmers who are depending on exports to lift them out of a slumping rural economy marked by low commodity prices.

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Our View: Beware of Anti-Farm, Socialist Rhetoric

How does the bill “modernize” sugar policy? It mandates that the U.S. Department of Agriculture invite heavily subsidized foreign imports into the U.S., artificially depressing farmer prices and rewarding bad actors abroad. Worse yet, the bill denies sugar producers the basic non-recourse loans available to other commodities, meaning failure to repay would result not just in the loss of crops pledged as collateral but in total bankruptcy.

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