“The extension of the 2008 Farm Bill will have no immediate impact on retail milk or dairy product prices," says SVP Christopher Galen of the National Milk Producers Federation.
WASHINGTON — As part of passing “fiscal cliff” legislation on New Year’s night, Congress OK’d a clean extension of the 2008 Farm Bill, averting an automatic fallback to a 1949 dairy price support program that would have resulted in significant hikes in milk and dairy product prices. The extension of the 2008 Farm Bill, valid through September 2013, is a stop-gap measure until a new Farm Bill is passed, said Christopher Galen, senior vice president, ...
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