NEWS
Price Protection Shrinks
Marcia Zarley Taylor DTN Executive Editor
Wed Jun 12, 2013 01:49 PM CDT

HADDONFIELD, N.J. (DTN) -- Should commodity prices take a swan dive over the next few years, a typical McLean County, Ill., corn grower will see farm supports shaved under all farm bill scenarios now pending in Congress, a new economic study by the University of Illinois reports.

In fact, all of the traditional safety net programs -- including the Senate-approved package and House Ag Committee proposals pending full approval next week -- curb price supports compared to protections available under the current law's Average Crop Revenue Election (ACRE) program, University of Illinois economist Gary Schnitkey reported in a post on ...

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