Figures 2 and 3 illustrate how the savings due to changes in the Commodity, Nutrition, and Conservation Titles are allocated across the individual areas in the Senate bill and House Committee bill, respectively. In the Senate bill, 65% of the savings are in commodity programs, 21% in conservation, and 13% in nutrition.
Savings in the House Committee bill are distributed as: 52% from commodity programs, 13% from conservation, and 35% from nutrition.
More than $50 billion in Commodity title savings through FY 2022 result from the repeal of the Direct Payment, Counter-cyclical, and ACRE programs. These programs are replaced by the Ag Risk Coverage (ARC) program in the Senate bill ($28.5 billion) and the Revenue Loss Coverage (RLC) or Price Loss Coverage (PLC) options in the House version ($24.5 billion). The larger savings credited to Commodity programs in the House version are primarily due to the lower cost of the RLC/PLC program option relative to the Senate’s ARC program. Modifications to dairy programs in both versions result in spending cuts, while disaster assistance and other commodity programs were scored to have slightly increased spending relative to the current baseline.
Table 1 compares projected spending levels for Commodity Title programs for selected commodities under the baseline and Senate and House Committee Farm Bills. In general, support levels are projected to decline for most commodities. Exceptions include a projected 17% increase in program support for soybeans in the Senate Farm Bill, and an 18% increase for peanuts in the House Committee version. Note that support for cotton is reported in table 1 both with and without the STAX crop insurance program.
Relative to the Senate version, the House version shifts spending from corn, sorghum and soybeans to cotton, wheat, peanuts, rice and barley. Spending on barley and peanuts is 3.15 and 1.72 times higher, respectively, in the House Committee Bill than in the Senate Bill. Projected spending on rice is more than twice as large in the House version compared to the Senate’s bill. In contrast, spending on corn, soybeans, and sorghum is between 1.45 and 1.48 times higher in the Senate Bill than in the House Committee Bill.
Both the Senate and House versions result in projected savings in the Conservation title through more than $3.5 billion in cuts to the Conservation Reserve Program (CRP). The Senate version includes additional savings of nearly $3 billion from cuts to the Conservation Stewardship (CSP) and Environmental Quality Incentives Program (EQIP). Additional savings of $3 billion in the House version are a result of cuts to CSP. Both versions outline additional support for the Ag Conservation Easement and cuts to the Regional Conservation Partnership and Wildlife Habitat Incentives programs.