Friday, April 02, 2010
The End of NAP?
That's my interpretation of Rep. Peterson's plans for the next farm bill as discussed in Farm Policy. He wants whole-farm insurance rather than crop-specific insurance. The reference to USDA insuring 400 crops and the expense of handling small crops tells me the proposal would eliminate the noninsured crop disaster assistance program. He also sounds as if he'll change the loan program as well. I wonder how much the crop insurance people will
soak charge the government for such program?