date:Dec 12, 2012
globally but reduces farmers costs on inputs sourced globally.
Weve got new competitors in the world, he said, noting that there were record levels of corn exports from Brazil during the past few months, and South American export of soybean crops is on the rise.
Interest rates also will factor into predictions for 2013. Im hard-pressed to think interest rates are going to stay that low, he said.
The full Senate and the House Agriculture Committee passed their respective versions of the farm