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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.
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?
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