There was some expectation the House and Senate Ag Committee leaders would release the details of their farm policy recommendations Friday. However, Friday came and went with no announcement. According to a spokesperson for the House Ag Committee the leaders had not yet reached agreement.
National Corn Growers Association Senior Director of Public Policy Sam Willett says if the Super Committee fails to do its job by Nov. 23 there could be problems even bigger than an automatic across-the-bard cut known as sequestration.
“If this process goes beyond or into next year there are no guarantees and the Farm Bill could be looking at something well beyond the amount required for sequestration,” Willett said. “Consequently that was one of the reasons why an offer of $23 billion in cuts was submitted by the principals involved in these negotiations.”