If the loan rates go up, the loan rates increase, it goes to producers; it gives them a marketing tool whereby they can take the grain and market when they want and not just dump it all out there this fall. That is why we have to remove the loan caps that are in the farm bill of 1996.
Tom Harkin: “If the loan rates go up, the loan rates increase, it goes to producers; it gives them a marketing tool whereby they can…”
Editor's note · Context
Discussing the need to remove loan caps in the 1996 farm bill.
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