One of the main provisions of the 2012 Farm Bill is a “shallow-loss” program. This program is being portrayed as a safety net, but there are significant questions that must be examined before the program is enacted. At this event, Vince Smith and Barry Goodwin will discuss these questions and will release new research and analysis on the cost of shallow-loss programs.

In the wake of the newly-released Ryan budget proposal, AEI agricultural economist Vincent Smith discusses the implications for agricultural subsidies and explains why more budget-cutting is imperative.

No one knows whether there will be a 2012 farm bill, but we do know that it there is one, nutrition programs -- food stamps, school lunches, WIC, etc. -- will take up the lion’s share of farm bill funding, well in excess of $90 billion a year. But is the funding serving the neediest Americans? Find out on Thursday at AEI.

The rescue offers Greece the opportunity for an extended struggle to settle for slow economic growth for an extended period. This debt crisis is not over...

The shallow-loss program would give farmers subsidies to bring them up to 90 percent or even 95 percent of the average revenues they have received for any given crop over the previous five years whenever current revenues from those crops fall below those amounts. Anyone who knows anything about American agriculture understands just how implausible that idea is.

The US Average Crop Revenue (ACRE) program was introduced as part of the 2008 Farm Bill. ACRE was marketed as a farm revenue safety net program, but in reality ACRE payments are largely driven by decreases in agricultural commodity prices from recent levels.