Omnibus Appropriations Billby Senator Chuck Grassley
Posted on 2014-12-15
GRASSLEY. Madam President, I wish to clarify my understanding of
the following report language included with H.R. 83, the Omnibus
The Secretary is directed to operate the marketing
assistance loan program in a way that encourages redemption
and minimizes forfeitures of loan commodities to the Federal
government, and enables the orderly marketing of loan
commodities throughout the year. Further, the Secretary shall
ensure that the marketing assistance loan program remains a
viable tool for all producers to use in marketing loan
commodities freely and competitively.
The Senate Agriculture Committee has confirmed this language simply intends to encourage USDA to better inform farmers of the status of any marketing loan gains they may receive during a marketing year for eligible commodities.
Furthermore, it was also conveyed by minority staff of the Senate Agriculture Committee that the referenced language in no way seeks to change implementation or enforcement of Section 1603 of the Agricultural Act of 2014.