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Deficit and Spending Reductions Could Affect Utah Agriculture
September 30, 2011
The Greek philosopher Heraclitus said, “The only constant is change.” Agriculture has always been risky, but those risks have changed over time. Some risks have decreased due to better technology or management practices. Others have increased, partly due to changing economic stability, heightened commodity price volatility, or uncertain institutional involvement. For many years, government programs have been available to help agriculture producers mitigate the risks they face and continue to be successful. Like risk, government programs are continually changing and evolving, increasing and decreasing, and many of these changes have and will continue to directly affect the agricultural industry.