Significant changes to the farm bill are likely in 2012

“Changes in the 2012 Farm Bill appear both likely and may be significant, if not radical,” says Jon Scholl, president of American Farmland Trust (AFT). “Our country’s economic situation will be the most significant driver and agent of change in the 2012 Farm Bill.”

The Wall Street Journal reports that Standard & Poor’s has just lowered its outlook on the government’s debt level to negative the first time for such a rating. The article also notes the federal government is just weeks shy of hitting its US$14.2 trillion (€ 9.719 trillion ) debt ceiling authorized by Congress. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine and International Milling Directory from Perendale Publishers