Farm Bill Passes — “The House passed the Farm Bill on December 16 and President Reagan signed the bill into law on December 22.
“The bill sets up a four-year support program with support loan rates of 17 cents a pound on raw sugar for the 1982 crop, 17.50 cents a pound for 1983, 17.75 cents a pound for 1984, and 18 cents a pound for 1985. Program terms are designed to result in operation of the system without any cost to the Treasury.
“The bill sets up a four-year support program with support loan rates of 17 cents a pound on raw sugar for the 1982 crop, 17.50 cents a pound for 1983, 17.75 cents a pound for 1984, and 18 cents a pound for 1985. Program terms are designed to result in operation of the system without any cost to the Treasury.
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