Commodity Credit Corp. gets attention in ag budget

The chairman of the House Appropriations Subcommittee on Agriculture said the proposed ag budget would reduce spending by removing Ag Secretary Tom Vilsack’s discretionary use of the Commodity Credit Corporation.

The CCC was created to stabilize, support and protect farm income and prices. It can also help maintain balanced and adequate supplies of ag commodities and helps in an orderly distribution. The CCC was used to provide funding to farmers in the trade war with China during the Trump Administration.

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