AG POLICY NEWS
Ag Policy Blog
Chris Clayton DTN Ag Policy Editor
Sat Oct 19, 2013 01:44 PM CDT

A bi-partisan group of 15 senators from southern states want to know why USDA applied sequestration reductions to Marketing Assistance Loans.

USDA sent out a notice Sept. 30 stating that marketing loans would be reduced by 5.1% and loans would be delayed while software is updated.

Fourteen of the senators stated in a letter to Agriculture Secretary Tom Vilsack that cutting the loan would hurt farmers and businesses by "substantially reducing cash flow during harvest which make require some to secure unanticipated loans from other, more costly credit sources." Further, there would be income losses for growers who have forward ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 2 Iowa farmland owners Fred and Lodean Cook may consider flexible cash leases for the first time th...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
National Injunction Argued
Ozone Standard Questioned
Washington Insider
Washington Insider--Wednesday
California Drought Challenges
Activists Targeting Biotech
Washington Insider - Tuesday
Washington Insider - Monday
Washington Insider
WOTUS Conflict Hits Boiling Point