Policy

Net income for co-ops was up more than 25% from 2010.
It left the borrowing rate charge for October at 0.125%.
Some programs affected by the farm bill lapse; others are not.
Among the Farm Journal Pulse poll participants, 74% feel presidential candidate Mitt Romney will win in November.
Higher crude oil prices contributed to rise in gas price outlook.
Promises more stimulus if needed.
The book calls for the world address current food systems and agricultural practices.
USDA to purchase up to $170 million of pork, lamb, chicken and catfish for federal food nutrition assistance programs.
‘The real question is what happens in 2013, when the ethanol blending obligation increases to 13.8 billion gallons.” --Purdue University
USDA explains the numbers.
Regards its permit program for concentrated animal feeding operations.
The worst drought in a generation dramatically improves the chances that Congress will pass a farm bill this year that preserves some form of price supports.
The House Agriculture Committee completed mark-up of its version of the 2012 Farm Bill late last night.
Includes payment reduction on CRP lands for emergency haying and grazing.
USDA text highlights.
Under baseline assumptions, farmers would choose House PLC option over any Senate option
CCC’s borrowing rate-based charge for July is 0.25%.
Amendments expected on defense, ethanol, sugar, crop insurance and SNAP.
McCain argues the plan is filled with giveaways.
Senate work resumes today.
Regulatory route will still take time for provisions in bill, especially new ones, to reach farmers.
Where could the next food crisis occur: North Korea, Iran, Somalia—or even the United States?
But negotiations continue regarding the number and scope of amendments.
Target prices vs. ARC debate continues
According to a recent Farm Journal Pulse, these two governmental bodies top the list of impacting agriculture.
The borrowing rate-based charge for June is unchanged.
Highlights from USDA’s Crop Progress and Condition Report.
Sees food inflation of 2.5% to 3.5% in 2012.
Direct payments to farmers under the current farm bill have been a small, but stable and important part of farmers’ income.
Today Agriculture Secretary Tom Vilsack marked the 150th anniversary of the U.S. Department of Agriculture, and its ongoing work to benefit all Americans every day.
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