Senate Agricultural Committee has sent a Farm Bill to be “Marked Up”.
A bill mark up is where a committee goes over a proposal and “marks up” the paper with changes. But, the major stuff has already been decided in the Senate Agricultural Committee.
$23 Billion in budget cuts over a 10 year period. Major component will be the Agricultural Risk Coverage Program – the same thing that purposed during the “super” committee debate last year.
I go over many of the details of this program.
Cotton growers get their “STAX” program.
A new specialty crop program, Supplemental Coverage Option.
Conservation, food stamps, Dairy, etc. programs are discussed.
I also further discuss where the house agricultural committee is at and doing with the farm bill.