Fran Smith of Open Market :
With the U.S. Senate’s passage February 4 of a farm bill by a vote of 68-32, a nearly $1 trillion (over 10 years) farm bill will govern agriculture policy for the next five years . The House had previously approved the bill last week. About 80 percent of the spending goes for food stamp and nutrition programs.
Even though this was the most contentious farm bill process in recent history, the results are pretty much the same: farmers will get their pork one way or another . The elimination of “direct payments” to farmers was touted by supporters of this legislation. Those are payments …
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