ottertail co mn | CMN - 12/11/2018 07:31
The increase in loan rates is long overdue.
The farm bill also includes raising marketing loan rates for most commodity crops as well. Soybeans will see a 24% increase in the marketing loan to $6.20 a bushel. Loan rates for corn and grain sorghum move to $2.20 a bushel, and $3.38 a bushel for wheat.
Never understood the loan rate price set. Seems awful low.
I have never taken a crop loan, probably because the rates are so low it would do me no good |
Farm bill
