11-12-2013 10:36 AM | USA

Rice industry 'hanging in the balance' over uncertain Farm Bill

The next U.S. Farm Bill remains up in the air and no resolution is expected before January. Depending on how the legislation shapes up will in turn affect which crops farmers will plant, including rice.

The USA Rice Federation, along with the National Cotton Council and the Southern Peanut Farmers Federation have urged the federal government to find a new resolution rather than extend the current farm bill. Without the certainty of a new farm bill, farmers will be unable to forecast their business plan for the future, make long term investments, and secure capital, the organizations say. Since any extension would be temporary, making long-term investment difficult for producers. - See more at: http://oryza.com/news/uncertainty-over-us-farm-bill-keeps-rice-industry-hanging-balance#sthash.FZ4CI4Gn.dpuf
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