U.S. MARKET LOAN NOT THAT ATTRACTIVE-BOSCHWITZ
A marketing loan for U.S. wheat,
feedgrains and soybeans would do nothing to help the surplus
production situation and would be extremely costly, Sen. Rudy
Boschwitz (R-Minn.) said.
    "I think I would not support a marketing loan now," he told
the House agriculture subcommittee on wheat, soybeans and
feedgrains. Boschwitz was one of the original supporters of a
marketing loan for cotton and rice, but has since focused
support on decoupling legislation, the Boren/Boschwitiz bill.
    A market loan for grains and soybeans would encourage more
production, especially in high-yielding areas, would be much
more expensive than the current cotton and rice marketing loans
and not increase exports significantly, he said.
 Reuter
