The director of the Gardner Agriculture Policy Program at the University of Illinois says discussions of reference price updates in the new farm bill have been…
“It’s been sold, I think, that it’s too simple and it’s not, it’s anything but,” he says.
Jonathan Coppess says the biggest complications are the budget projections and necessary funding requirements.
“The Congressional Budget Office has to project the cost of these things, but that has no basis in reality.” He says, “I mean, they’re trying to project 10 years into a future of crop prices.