Sunday, November 9, 2008

AgriBush III?

"Barack Obama told voters that electing John McCain would be akin to giving President Bush a third term. But when it comes to agriculture, many farmers will be counting on the Obama administration to be Bush III.

In some ways it could.

Obama is every bit as big a fan as Bush of biofuels, a key underpinning of the farm economy.

There's no need for Obama to change course on farm policy either. Congress enacted a new farm bill that the Illinois senator supported, and all that's left for his administration is to implement whatever programs Bush's Agriculture Department doesn't get to.
Then there's trade. While running for the Democratic nomination, Obama pledged to reopen the North American Free Trade Agreement, or NAFTA, but agribusiness interests are betting that was campaign rhetoric. The agreement has been a boon for a range of farm commodities, including grain and beef."

From the Des Moines Register, November 9, 2008

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