With Minnesota senators’ support, U.S. Senate signs off on farm bill

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Comments (2)

  1. Submitted by Richard Schulze on 06/22/2012 - 07:54 am.

    The end of direct payments would sound promising, if this bill did not create a worse system: a new program known as “shallow loss”. This program will absorb 75%, or $3 billion a year, of the savings made from cutting direct payments. Commodities such as corn, wheat, soybeans and cotton will receive a per-acre revenue guarantee of about 90% of the previous five years’ returns. This guarantee would sit on top of an already flawed scheme that provides crop insurance for “deep losses”.

  2. Submitted by Paul Scott on 06/22/2012 - 10:11 am.

    Let’s keep that sugar industry humming

    Thank You! Sen. Klobuchar and Sen. Franken, for insuring consumers’ ongoing access to cheap sugar.

    Yours Truly,
    the The Med-Tech, Pharmaceutical, Anti-Obesity and Health Club industries.

    PS Your check is in the mail.

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