Ag Policy Blog
Chris Clayton DTN Ag Policy Editor
Wed Oct 7, 2015 10:25 AM CDT

Farmers will take a 6.8% cut in their farm-program payments because of federal sequestration rules, according to information from USDA on Wednesday. A statement on the sequester cuts was made at a House Agriculture Committee hearing on dietary guidelines.

The 6.8% cut covers a lot of programs, including the Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) programs. It also affects marketing loans, sugar loans and the Noninsured Crop Disaster Assistance Program.

USDA detailed some of the programs cut in 2013, but that was prior to the passage of the latest version of the farm bill. Ideally, a new ...

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