LAW REVIEW: Following up on the federal farm bill - KTIV News 4 Sioux City IA: News, Weather and Sports

LAW REVIEW: Following up on the federal farm bill

Posted:
UNDATED (KTIV) -

The new federal farm bill is the focus of "Law Review", this week.

Doug, of Kingsley, Iowa asked, "What should farmers know about the new farm bill?" Jeana Goosmann, with the Goosmann Law Firm says the bill includes several reforms to the last farm bill. "Over 10-years, the farm bill spends $956-million," Goosmann said. The money will pay for the federal food stamp program. It also includes money for crop insurance, conservation and commodity programs.

The list of commodity programs, which is funded by the federal farm bill, is a long one. "It includes trade subsidies, programs for research and extension, energy and specialty crops," Goosmann said.

Seventy-nine percent of the funding in the federal farm bill pays for food stamps and nutrition. "The remainder funds crop insurance programs, conservation programs, and commodity programs," Goosmann said.

The bill includes some sweeping changes that farmers need to be aware of. "There's more money for crop insurance, but less money for direct payments to farmers," Goosmann said. "There's $14-billion less for large sudden changes in crop prices." Overall, the federal farm bill cuts the number of programs, and spending, by $4-billion.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KTIV Television Inc. All Rights Reserved.
For more information on this site, please read our Privacy Policy, Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Kathy Clayton at (712) 239-4100 x209. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.