41: Risk Management
End programs like the Direct Payment program in favor of those, like crop insurance, that help manage risk and are counter-cyclical
in nature.
Other Information:
The Proper Federal Role in Agriculture -- Agricultural producers and the jobs they generate throughout the entire food chain
must confront volatility in both the weather and the markets. We support farm programs that enable them to manage the extraordinary
risk they meet in the fields every year. These programs should be as cost-effective as they are functional, offering risk
management tools that improve producers’ ability to operate when times are tough. Just as all other federal programs must
contribute to the deficit reduction necessary to put our country back on a sound fiscal footing, so must farm programs contribute
to balancing the budget. Programs like the Direct Payment program should end in favor of those, like crop insurance, that
help manage risk and are counter-cyclical in nature.
Objective(s):
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