Budget Cut Takes Aim at Agriculture

The White House’s proposed federal budget includes a $38 billion cut for farm support, the bulk of which rests on a $29.5 billion cut of the federal crop insurance program.

Many farmers showed their distaste for Trump’s new budget including the American Soybean Association and National Corn Growers Association which said in a statement, “Targeting the federal crop insurance program is extremely short sighted. It is especially harmful during an extended period of low commodity prices.”

Congressmen trying to protect farmers are citing a 50% decline in farm revenue since 2013. Whether or not the new budget passes, the Trump administration has signaled its priorities regarding agricultural spending.