In late December 2018, Congress and President Donald Trump completed work on the $867 billion federal Farm Bill, putting in place the five-year framework for the nation’s agricultural policy. The five-year federal agricultural policy and spending measure includes a provision that legalizes industrial hemp and does not include work requirements for the Supplemental Nutrition Assistance Program (SNAP), also known as food stamps, a contentious point of debate that bottled up the bill for months.
Among the highlights touted by federal officials are improving risk management programs; protecting crop insurance; funding trade development; and investing in the future with funding for agri research and beginning farmer programs.
In early January 2019, Betsy Ward, president and CEO of USA Rice Federation, was in Stuttgart for a half-day conference to help rice farmers understand the new federal policy as well as to hear from other state and national speakers. Talk Business & Politics CEO Roby Brock visited with Ward at the Stuttgart conference to learn more about some of the lesser-known aspects included in the Farm Bill.
Read more: https://talkbusiness.net/2019/02/executive-qa-betsy-ward-president-ceo-usa-rice-federation/