U.S. Farm Bill to Get Extension

According to a report at Bloomberg News:

[T]hree farm-related bills were filed Saturday in the House of Representatives; all of them would stave off the potential jump in consumer milk prices should government commodity programs begin to lapse Jan. 1. One would extend current law, along with disaster aid for producers affected by this year’s U.S. drought and changes to current milk policy. The second measure is a shorter-term extension, and the third would protect only against possible dairy-price spikes.

The Senate passed a new Farm Bill in June, but the House has been unable reach agreement on the nutrition program — called SNAP, the current term for food stamps — and a new dairy assistance program. Details of the reported agreement are not yet available.

Paul Ausick