New loan rates are now set under the One Big, Beautiful Bill.
The change mirrors earlier House Ag Committee proposals. It gives farmers more financial certainty for marketing decisions.
New Marketing Assistance Loans, also known as MAL, will support key commodities and apply from the 2026 through 2031 crop years.
Most MAL rates increased by 10%.
Upland cotton rose by a variable amount, depending on its previous pricing structure.
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“It’s a down crop across the board.”