House Ag Committee Chair Collin Peterson says this week he is worried the new farm bill won’t be able to provide adequate benefits to U.S. agriculture.
The Hagstrom Report says Peterson first expressed those same concerns in December, just before the bill passed through Congress. At that time, Peterson said his specific concern was that the benefits wouldn’t be generous enough for farmers during a period of low commodity prices compounded by trade conflicts.
Pterson expressed confidence that the new dairy provisions in the bill are “adequate.” Peterson also discussed climate change, saying he would consider the issue “if anyone comes up with effective ideas.” He also discussed biofuels policy, noting that agriculture had allied with environmentalists to write legislation on biofuels and ethanol. However, because cellulosic ethanol hasn’t taken off, environmental support for biofuels has diminished.