A new analysis from the Univ. of Illinois suggests a target price-based risk management program that could accompany the House Agriculture Committee’s 2012 Farm Bill may offer a far more favorable safety net for some crops than for others. Some believe this ultimate disparity could result in farmers planting certain crops simply because of higher government subsidies. This could also alter farm machinery demand.
Gary Schnitkey, an agricultural economist at the Univ. of Illinois, issued…
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