Flash from the Committee: Pay Limit

Chris Clayton reports the Senate Ag committee plans to wrap up its version of the 2012 farm bill today.  He says:

The bill considered by the committee on Thursday also lowered the adjusted gross income eligibility to $750,000. Moreover, the bill makes major changes to language involving "actively engaged" to further restrict who is eligible for payments.

There will be a study to determine the feasibility of whether popcorn should be considered a commodity crop.

 Apparently they agreed to tweak the bill enough to satisfy the cotton/rice/peanut group.[Updated: according to Politico they did something for cotton, but not peanuts and rice, much to the disgust of  Chambliss and Cochran.]