Ag bankers are slowly raising the interest rate on loans to farmers and ranchers, with the largest increases seen on operating loans.
The big choices for farmers may be ARC or PLC and CRP – or not.
USDA Secretary Sonny Perdue admits that President Trump’s aid for producers, due to trade tariff losses, could be on hold until Labor Day.
Senate Majority Leader Mitch McConnell has said the Senate will act on the farm bill before the end of June.
Committee leaders avoided fights over payment limits, expansion of the Conservation Reserve and updating of base acres during a comparatively smooth "mark up" session.