USDA: Testimony of Dan Glickman before the House Agriculture Committee US House of Representatives.

0 Comments | M2 Presswire, June, 1999

M2 PRESSWIRE-18 June 1999-USDA: Testimony as prepared for delivery of Secretary of Agriculture Dan Glickman before the House Agriculture Committee United States House of Representatives (C)1994-99 M2 COMMUNICATIONS LTD RDATE:160699 Introduction: "Mr. Chairman and members of the Committee, I am pleased to appear before you to discuss our proposal to institute uniform national loan deficiency payment (LDP) rates for wheat, feed grains, and oilseeds.

This would be a significant change from the previous procedures that used county-specific posted county prices (PCPs) for determining county LDP and loan repayment rates. The Administration is continuing to examine this and other reforms as well as the process for handling the potential program changes. "My...