OSU's Amy Hagerman Reassures Those with Farm Bill Anxiety, Says No Rush to Approve It... YetThu, 18 Oct 2018 19:48:16 CDT
During a recent Rural Economic Conference in Stillwater, Okla. this week, Radio Oklahoma Ag Network Farm Director Ron Hays caught up with one of Oklahoma State University’s newest additions to its Agricultural Economics Department, Amy Hagerman, who spoke during the program about several topics including everything from tax policy, the Budget Bill, Farm Bill, crop insurance, etc.
During their conversation, Hagerman stated that in her opinion, the recent Bipartisan Budget Act probably had the most impact on Oklahoma farmers and ranchers. She cited the legislations more significant changes that were made for seed cotton and the transition of generic base acreage into commodity acreage as well as the changes made to the livestock emergency and disaster programs.
However, she says the ongoing discussions revolving around the Farm Bill will also have resonating effects on producers moving forward as that legislation continues to be fleshed out, remarking that many deep differences in opinions still exist between the leaders in power behind this bill. Fortunately, though, she says there is time for those differences to be worked out before the consequences of not reauthorizing a new bill since the previous one’s expiration is felt.
“Right now, I think we can all take a deep breath and see what happens,” she said. “Secretary Perdue has made announcements that payments will continue even on those programs that are currently not authorized like the CRP into October. And, a lot of these programs are funded through the 2018 crop year. So, we don’t anticipate seeing big impacts from an expired Farm Bill until we go beyond December.”
Listen to more of what Hagerman had to say during her presentation at the recent Rural Economic Conference, by clicking or tapping the LISTEN BAR below, to hear her full conversation with Hays.
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