Agriculture and food policy expert Paul Shapiro has released a report titled “How Much Will A Farm Bureau Insurance Grant Actually Cost?” in which he breaks down the costs of a grant of farm bureau assistance, and explains how those grants will be calculated.
The Farm Bureau’s farm bureau program is designed to help farmers grow food for local consumption and is expected to provide $7.4 billion in farm bureau aid to states this fiscal year.
Shapiro said the agency’s grant budget is currently about $6.8 billion, but that’s expected to drop in 2018.
He estimates the grant program will be reduced by $5.8 million this year.
“We’re going to see a decline in farm bureaus grant programs over the next two years,” Shapiro said in an interview with The Hill.
“That is going to have a lot of impact on how much we can raise for farm aid, which is really what is the focus of this study.”
Shapiro is the author of the book “Farmed America: Farm Bureau Programs, Farm Insurance, and the Future of Agriculture.”
He is the CEO of Shapiro Consulting Group, a consulting firm that works on farm policy, including farm bureau programs.
Shapiro’s findings are based on a survey conducted by the Federal Trade Commission, which found that in 2018, nearly 70 percent of respondents said they expect their next farm bureau grant to cost less than $100.
The survey also found that most respondents expected their next Farm Bureau grant to be awarded in the first quarter of 2019.
Shapiro also noted that the Farm Bureau grants are based off the federal farm bill, which was passed in March of 2018.
The bill was the first farm bill that included farm bureau grants, which are now being phased out.
Shapiro noted that Congress is looking at extending the program through 2019.
“We will have an opportunity to get something done on farm buring that’s going to put farmers at the center of the farm bureau’s efforts,” Shapiro added.