(Reuters) - With corn prices at decade highs, direct payments have come
under criticism. Under various proposals, the $5 billion would
be spent on land stewardship, disaster aid, specialty crops or
public nutrition programs.
Congress created direct payments based on past production,
not the crops grown now, in 1996 when it removed most federal
control on plantings, so farmers could switch crops in pursuit
of profits.
Read more at Reuters.com Bonds News
under criticism. Under various proposals, the $5 billion would
be spent on land stewardship, disaster aid, specialty crops or
public nutrition programs.
Congress created direct payments based on past production,
not the crops grown now, in 1996 when it removed most federal
control on plantings, so farmers could switch crops in pursuit
of profits.
Read more at Reuters.com Bonds News
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