Grassley: Reference Price Change a Start

Iowa Senator Chuck Grassley says the proposed reference price changes in the House budget reconciliation bill are a step forward, but may fall short in addressing the inflation experienced since the passage of the 2018 farm bill. While calling the updates “a pretty good start,” Grassley said he wants to speak with Senate Agriculture Committee Chairman John Boozman before deciding if the increases go far enough. Grassley remains critical of the bill’s payment limit structure, arguing it does not refine the “actively engaged” definition and continues to allow loopholes that benefit larger operations.