Lawmakers are resigned to the likely eventuality that the farm bill will be subject to an extension -- possibly up to a year, maybe shorter. The one hope of a quick farm bill seems to be its inclusion in some sort of budget agreement. The latest speculation on that front centers on the following:
Congress and the White House working toward a down payment on the deficit; Congress and the White House agreeing to parameters on a longer-term entitlement reform debate; The farm bill, with its $20 billion-plus savings, adjusted for partial or full year 2013 direct payments, and some other accounting transitions be added to the "down payment" bill; and, The Supplemental Nutrition Assistance Program (SNAP) being spun out of the farm bill a...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
