House and Senate Agriculture committee leaders failed to finalize a letter the Friday before last on proposed farm bill budget cuts and a rewrite of farm programs that they were planning to send to the super committee on deficit reduction, but were expected to send it last week.
The American Soybean Association (ASA), the National Corn Growers Association (NCGA), and the National Farmers Union (NFU) are backing the House and Senate Ag Committee leaders decision to recommend to the deficit super committee that farm bill spending be cut by up to $23 billion over 10 years.
Fights began breaking out last Tuesday among agriculture interests over what the super committee might do with the farm bill, even though no one knows how the leaders of the House and Senate agriculture committees are planning to move ahead with the proposal that they sent to the super committee last Monday.
Its not just the summer of $7 corn that superheated Midwest land markets. Investors rattled by the prospect of a double-dip recession still see U.S. farmland as a safe haven amid economic turmoil. That surge of nontraditional buyers lessens the threat of a downturn in farmland values anytime soon, real estate and Wall Street experts contend.
For the study, Erickson and fellow researchers compared cattle on four diets: a corn-based control diet, WDG plus solubles, modified distillers grains (MDG) plus solubles, and DDG plus solubles. In the latter three diets, distillers grains were fed at 40 percent of the dry matter.