This week’s Open Mic guest is Todd Van Hoose, president and CEO of the Farm Credit Council. Van Hoose is grateful Washington delivered an extension of the 2018 farm bill but joins a chorus of other agriculture organizations calling for new policy to be approved in early 2024. He says USDA loan programs and limits should be adjusted to reflect higher operating costs in today’s agriculture economy. The Council has mounted a challenge against the Consumer Financial Protection Bureau over language requiring the collection of data that Farm Credit says is already available through the Ag Census. Van Hoose discusses the need for base acre and reference price adjustments as well as needed assistance for young and beginning farmers.
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