FARM BUSINESS NEWS
Two Farm Bills a Toss Up
Marcia Zarley Taylor DTN Executive Editor
Fri Oct 11, 2013 01:11 PM CDT

LOUISVILLE, Ky. (DTN) -- Land-grant economists seem to agree on one thing: It really won't matter to Midwest corn-soybean income which version of the long-delayed farm bill becomes law.

Southern commodities will fare differently under the House and Senate farm-program options, but returns for corn and soybeans are so close "you could flip a coin," said Pat Westhoff, director of the Food and Agricultural Policy Research (FAPRI) at the University of Missouri. After subjecting farm bill provisions to 500 alternative price and economic scenarios, FAPRI found the difference between the two chambers amounted to just a few dollars per acre ...

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