An ag economist says the White House’s proposed budget cuts would have a direct impact on farmers.
Purdue University’s David Widmar says especially when factoring in the potential for fewer dollars to subsidize the Federal Crop Insurance program. “That’s going to result in producers getting less coverage for the same dollar amount they are buying today,” he says. “Or they’re going to have to have an additional expense to buy up to have that same level of coverage.”
He tells Brownfield that is especially difficult as farmers continue to face tough economic conditions.
Continue reading Proposed POTUS budget puts crop insurance in jeopardy at Brownfield Ag News.
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