Amid the shocks from the Russia-Ukraine conflict, there are global food security concerns. University of Nebraska-Lincoln Extension Policy Specialist Brad Lubben says there is a good reason to understand why United States agriculture should respond, but the challenge with any policy proposal is how quickly something can happen. “It’s difficult to imagine we can incentivize crop production this year more than we already have. The dramatic highs set in the commodity prices have encouraged as much cropping potential as we think we can encourage. Raising loan rates or trying to incentivize additional crops may not tip the scales much.”
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