Agri-Pulse
Leaders of major crop groups say the farm bill commodity programs won’t adequately protect their margins at a time of skyrocketing input costs, but they aren’t ready to propose specific changes.
Groups representing soybeans, sorghum and rice, among others, told the House Agriculture Committee on Tuesday the reference prices that trigger payments to farmers under the Price Loss Coverage program are too low and should be increased.
The groups largely steered clear of proposing specific increases, however.