date:Jun 21, 2012
ar below market prices (the new law continues them at 2008 levels, $1.95 a bushel for corn, for example). But it's consistent with a hard cap of $50,000 set for the farm bill's new shallow loss program and stricter requirements that payments go only to farmers actively engaged in the business.
Another Republican on the Senate Ag Committee, Saxby Chambliss of Georgia, argued that USDA lacks the ability in real time to track the eligibility so larger farmers would be made to repay some marketing