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Understanding the Farm Bill

Understanding the Farm Bill. Scott Faber Environmental Working Group. Understanding the Farm Bill. Not really a “Farm Bill” Helps Large Farmers, Not Family Farmers Protects and Restores the Environment Reduces Hunger Support Healthy Diets. Understanding the Farm Bill.

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Understanding the Farm Bill

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  1. Understanding the Farm Bill Scott Faber Environmental Working Group

  2. Understanding the Farm Bill • Not really a “Farm Bill” • Helps Large Farmers, Not Family Farmers • Protects and Restores the Environment • Reduces Hunger • Support Healthy Diets

  3. Understanding the Farm Bill • Deep v Shallow Losses? • Revenue v Price-Based Safety Net? • Expands Crop Insurance • Generous Subsidies • No Limits • No Transparency • No Environmental Protections

  4. Cumulative Cost of Subsidies

  5. Rising Cost of Insurance Subsidies

  6. Insurance Subsidy v Direct Payments

  7. Understanding the Farm Bill http://farm.ewg.org/cropinsurance.php

  8. The New York Times June 6, 2012 “When you can remove nearly all the risk involved and guarantee yourself a profit, it’s not a bad business decision,” said Darwyn Bach, a farmer in St. Leo, Minn. “I can farm on low-quality land that I know is not going to produce and still turn a profit.”

  9. Wetland Loss Source: US Fish and Wildlife Service

  10. Understanding the Farm Bill • Senate Bill: • Ends Direct Payments, Counter Cyclical Payments • Creates “Shallow Loss” Revenue Guarantee • Expands Crop Insurance • Cuts Conservation • Cuts Nutrition • New $ for Local/Healthy

  11. Understanding the Farm Bill • Senate Bill: • Reduces Insurance Premiums for Largest Farms • Requires Conservation Protections for Insurance Recipients • Does Not Cap Insurance Subsidies • No Transparency • Does Not Reduce Subsidies to Insurance Companies

  12. Understanding the Farm Bill • House Bill: • Deeper Cuts to Nutrition • Deeper Cuts to Conservation • Price-Based Safety Net • Less Support for Local and Healthy • Looming Deadline

  13. Understanding the Farm Bill Contact Information: Scott Faber (202) 939-9127 (202) 384-4280 sfaber@ewg.org www.ewg.org

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