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Friday, October 26, 2007

Southern growers happy about Farm Bill

Southern growers are optimistic about the farm bill that passed the Senate Agriculture Committee this week. Like House legislation that passed in July, the Senate measure would largely continue price supports for commodity crops such as cotton, peanuts and rice that drive the region's agriculture economy. Peanut farmers also said they were satisfied. Although the bill would hold peanut price supports roughly flat for another five years, it includes payments for storage costs in bad years.

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