Source: FARM DOC DAILY, UNIV. OF ILLINOIS, 6/8/17


The march towards writing the 2018 Farm Bill continues. Recently, the Senate Ag Committee held a hearing on the farm economy which focused significant attention on the relatively low commodity prices since the 2014 Farm Bill. Congress has long authorized nonrecourse loans to provide support to commodity prices and farmers. This article provides historical background on that policy.

For more of this story, click here.