Former Texas Congressman Charles Stenholm was the moderator for our second session here at the Farm Foundation Global Trade & Policy Issues conference. I don’t think you’ll find anyone more knowledgeable about the policy side of this discussion.
He says that it’s clear to everyone that the price of our basic commodities which was extremely beneficial to our producers has had a tendency to increase the price of food. He says that it’s had a major affect on our livestock producers. He thinks Congress has a difficult challenge in front of it. He’s all for alternative biofuels but he wonders about subsidizing biofuels for example. One thing he thinks we should have looked at is a counter cyclical program. We’ve heard it said before but he said it again, that the price of corn will be set by the price of oil.
You can listen to my interview with Mr. Stenholm here: [audio:http://www.zimmcomm.biz/farm-foundation/ff-global-09-stenholm.mp3]
You can download the interview with this link (mp3).
You can find photos from the conference here:
Transition To A Bio Economy Conference: Global & Trade Issues Photo Album