In the South Dakota stretch of the glacier-carved Prairie Pothole reigon, where about 17 inches of rain falls in the average year, "Conservation groups say most farmers would not risk the start-up costs of plowing and preparing the ground without crop insurance, on which the federal government pays close to 60 percent of the premium," Morgan writes. The House and Senate voted to delay or deny crop insurance for land that had never been farmed, but in final negotiations on the new Farm Bill, crop-growing lobbies won out. A restriction passed for the Prairie Pothole states, but won't take effect in any state unless the governor wants it. None have, and they seem unlikely to do so.
"Farm groups argue that it would be a serious mistake to cut insurance on land conversions at a time of rising food prices and growing worldwide demand for commodities," writes Morgan, one of the best reporters on the farm-subsidy beat. (Read more)
"Farm groups argue that it would be a serious mistake to cut insurance on land conversions at a time of rising food prices and growing worldwide demand for commodities," writes Morgan, one of the best reporters on the farm-subsidy beat. (Read more)
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