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It’s Time for a Progressive Policy to Protect Agricultural Supply Chains

By George Naylor and Patti Naylor et.al

The race to obtain critical minerals and the war in Iran have not only exposed a dangerous dependence on fossil fuels and mining, but they have also uncovered something more surprising—Republicans in Congress actually understand progressive agriculture policy. They just don’t want to admit it.

In February, Vice President JD Vance announced at the State Department that the administration must institute a price floor to protect the US critical mineral market. “This morning, the Trump administration is proposing a concrete mechanism to return the global critical minerals market to a healthier, more competitive state: a preferential trade zone for critical minerals protected from external disruptions through enforceable price floors,” Vance explained. Meanwhile, the US—and other countries around the world—are deploying oil reserves to buffer price shocks caused by the Israel-US attacks on Iran. Price floors and supply management programs seem common sense to these policymakers when it comes to oil and minerals, but what about US farmers and our overall food system?

Like oil and critical minerals, food and agriculture supply chains, such as corn, soy, and dairy, are vulnerable to global shocks, including extreme weather events, wars, and other supply disruptions. The public also needs to understand that without inflation-adjusted price floors, agricultural commodity prices may sink to disastrously low levels, leaving farmers no choice but to increase production with more chemicals and GMO seeds at the expense of our land and water.

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