Farm Bill
Mid South and Delta states, crop insurance could be losers; soybeans, corn and wheat winners
Lawmakers focus on support for crop insurance, and query Vilsack on proposed budget cuts
‘Hail Mary’ pass for Super Committee-linked farm bill draft still has some life left
What’s next for farm bill if not-so-Super Committee fails to even deliver a proposal?
To deal with budget issue, revenue protection payment calculation goes from 85% to 60% of planted acres
Multiple-step Super Committee process likely
Any move to revenue protection could open up US gov’t to big budget exposure