The President of the Senate (who by the Constitution is also the Vice President of the United States) is Joseph Robinette BIDEN (D). The President pro tempore of the Senate is Daniel Ken INOUYE (D-HI). The Senate Majority Leader is Harry Mason REID (D-NV). The Senate Minority Leader is Addison Mitchell McCONNELL (R-KY).
Acre of farmland that a decade ago sold for an average of $2,275 now goes for $8,700. Some banks have responded by becoming more conservative in their loans as farmland values ascend. USDA has predicted more typical weather conditions in 2013 would generate a record corn and soybean harvest.
Total cost for cash rent farmland at average cash rents is $908 per acre. The 85% guarantee level of $731 per acre is below the total costs for cash rent farmland. In 2014, guarantee levels are below total costs on farms with cash rent farmland.