2007 Farm Bill
Yes, it is 2005 and we will soon be gearing up for the next farm bill. What do I see coming down the road and what will its impact be on you as producers?
First, the major theme of your next farm bill will be natural resource management. To a less agriculturally astute legislator, this is the transcending issue that has a feel-good factor to an urban and suburban public. This winter, sit down and think, “How can I position my business to take advantage of supports in this area, and be a good steward if environmental and natural resources.”
The next two areas will depend upon a sequence of events. If we continue to have geopolitical risk around oil and energy, then a focus on energy enhancements will be a theme. This will range from biodiesel and wind power to ethanol and biowaste. Again this will market well to the non-farm public from a consumer and environmental standpoint.
Another area of interest will be homeland security. Yes, we will have manmade and natural threats to our food system, which will rapidly evolve information based technological traceback systems. The consumer will demand and expect it and incentives will be provided.
What would I like to see?
These are just my visions, which are probably a little too advanced in paradigm shifts for government institutions to handle.
My e-mail address is:email@example.com
Editors' note: Dave Kohl, The Corn and Soybean Digest Trends Editor, is an ag economist specializing in business management and ag finance. He recently retired from Virginia Tech, but continues to conduct applied research and travel extensively in the U.S. and Canada, teaching ag and banking seminars and speaking to producer and agribusiness groups.
To see Dave Kohl's previous road warrior adventures type Dave Kohl in the Search blank at the top of the page.
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