A boost in reference prices will be costly

A boost in reference prices will be costly

The National Association of Wheat Growers has prioritized an increase in reference prices for the Price Loss Coverage program, but CEO Chandler Goule says the farm bill needs a bigger baseline to make that happen.

“We had Bart Fischer with Texas A&M University come to visit with us and he used to work on the House Agriculture Committee,” says Goule. “He rolled out big numbers, saying if we want a 10% or 20% raise in the PLC price, we’re talking double-digits, just for wheat.”

Goule says government spending is already a point of contention in the House.

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