The Nation - News from July 30, 1985

Key farm state senators reached private agreement on income support features of a new farm bill, enhancing chances for the Agriculture Committee to send the bill to the floor this week. The accord would reduce a freeze on the amount farmers are guaranteed for their crops to two years from four and would retain a $50,000 limit on subsidies to each farmer. The farm bill would substantially cut price supports, which raise prices of U.S. commodities on world markets, and, instead, increase federal income support payments to farmers.