date:May 14, 2013
ms wind up in the final version of a farm law, you would be in both. But the new AMP program uses the target prices from the 2008 farm bill for a reference price for all covered commodities except rice and peanuts. They get a higher alternative price. The new reference price keeps the target prices of $2.63 a bushel for corn and $5.80 a bushel for soybeans. For rice, the Senate's bill puts the alternative price at $13.30 per hundredweight, a 27% increase from the 2008 farm law's $10.50 target pr