Farmers could face tough 2014
The outlook for global agriculture is darkening in 2014 after a record year this year.
The Financial Times reports that falling grain prices and a retreat on the renewable fuels mandate in the United States has farmers worried.
Corn price drops are leading the trend.
The dim outlook comes as Congress is struggling to finish a bill guaranteeing farm subsidies for five years.
Falling grain prices could balloon the cost of the target-priced based subsidies in the farm bill, budget hawks have warned.
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