Friday, June 27, 2008

Loan Differentials

I really believe that we are on the road to fixing the loan differential problem in USDA. Under- Secretary Keenum committed to work with the industry on this issue and has since intimated the sincerity of that commitment to Washington Sources. With a unanimous industry position against changing the methodology of determining loan differentials coming out of the American Peanut Council Board Meeting and subsequent letters being sent I am encouraged that things will be worked out.

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