Agribusiness

PIK Program

September 13 2000

Say it isn't so! Not the PIK program again. Yes, that's what it is. This time for sugar. I really thought PIK (payment in kind) was history. But I guess not. We have too much sugar and with the loan rate where it is, it appears the sugar processors are going to forfeit at least 500,000 tons of sugar to the government. Secretary Glickman does not want the sugar. He already owns 125,000 tons. The sugar beet farmers are about to harvest another big crop. I introduce you to payment in kind.…

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Freedom to Farm

April 25 2000

Recently I was asked to testify before the House Ag Committee. The subject: the Federal Agricultural Improvement and Reform Act, better known as Freedom to Farm. The hearing was well attended, chaired by House Ag Committee Chair Larry Combest and backed by Congressman Charlie Stenholm and several other farm state congressmen.

My message to them was simple. With the low farm prices that we have experienced, Freedom to Farm has been an easy target for criticism.

Yet, we should not forget:…

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