An update posted at the Senate Agriculture Committee webpage indicated that a press conference, in which the Chairman’s mark of the Farm Bill will be unveiled, is going to be held today at 12:30 p.m. EDT in 328A Russell Senate Office Building. The press conference can be viewed live via the Committee webpage.
DTN writer Chris Clayton reported yesterday (link requires subscription) that, “A pair of U.S. senators said Monday they will bypass the Senate Agriculture Committee and take an amendment to the floor that would put a $250,000 per-farm hard cap on commodity payments.
“Payment-reform champions Sen. Charles Grassley, R-Iowa, and Sen. Byron Dorgan, D-N.D., will take another swing at lowering the payment cap for farmers. Dorgan and Grassley have brought up tighter payment limits in the past and even seen a bill pass the Senate only to lose out in a conference vote.”