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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.
CCC’s borrowing rate-based charge for July is 0.25%.
Under baseline assumptions, farmers would choose House PLC option over any Senate option
Amendments expected on defense, ethanol, sugar, crop insurance and SNAP.
McCain argues the plan is filled with giveaways.
Senate work resumes today.
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.
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