Drought

The 2012 drought and food aid

The reports of drought across the United States continue to worsen. Just this week, USDA decreased its estimates of corn harvests in “good to excellent” conditions to 24 percent. Corn futures are hovering near $8 a bushel, and wheat futures have started to rise as well.

Freezing regulation while the climate heats up

One of the many ironies of the U.S. Farm Bill debate over crop insurance and revenue “assurance” programs was a tacit bipartisan agreement not to say in public four words that summarized major drivers in creating the proposed programs. The U.S.