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House Ag Republicans release new details of draft farm bill

PLC reference prices would rise 10-20%

Republicans on the House Agriculture Committee are proposing to raise Price Loss Coverage reference prices by 10% to 20% depending on the commodity, while also providing increased income protection to growers under the Agriculture Risk Coverage program and crop insurance, according to a section-by-section summary released Friday.


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US counters Mexican arguments on GE corn ban

Mexico’s arguments in favor of prohibiting imports of genetically engineered corn from the U.S. are not accompanied by any scientific backing, the United States said in a sharply worded rebuttal filed in its ongoing trade dispute with the country.
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