Late last week, members of the Senate and House Ag Committees came to an agreement on a new commodity title for the farm bill. The plan would eliminate direct payments and the SURE and ACRE programs, while giving producers a choice between a marketing loan target-base program and a revenue-assurance program. Now all eyes are on the Super Committee. Most expect an announcement these leaders failed to reach an agreement on $1.2 trillion in debt reduction over 10 years, which would be negative for commodities. Check this link to hear the "Monday Morning Wake Up Call" provided by your Pro Farmer Editors.
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