Tom Harkin: “I still see that, again, these tend to be the bigger farms that have a…”

On the recordFebruary 7, 2002

I still see that, again, these tend to be the bigger farms that have a lot of land. I still submit this could cause some derogation in the land values, and even though those at the bottom are getting a little bit more, their land prices might be affected by the bigger ones. So if those land prices go down, I think it might have a cascading effect on this. I say to my friend--I think we discussed this in the past--some land prices may be inflated by farm programs, but if the support has to be brought down, I think it has to be brought down over maybe a several year period of time, or something such as that. That is why I was hoping to get away from some kind of direct payment system to a countercyclical payment that is only based on prices at the time and to put more into conservation, put more into energy, and put more into programs that require producers to act.

Said by

Tom Harkin

Democratic · Iowa

Source

govinfo.gov

Editor's note · Context

Discussing the impact of farm programs on land values and proposing changes to payment systems.

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Tom Harkin: “I still see that, again, these tend to be the bigger farms that have a lot of land. I still submit this could cause some…”

Editor's note · Context