The top leaders in both parties on the House and Senate Agriculture committees have agreed to a one-year extension of the 2008 farm bill that expired in October, a move that would head off a possible doubling of milk prices.
Senate Agriculture Committee Chairman Debbie Stabenow indicated that the House could vote on it as early as Sunday.
Agriculture Secretary Tom Vilsack said Americans faced the prospect of paying $7 for a gallon if the current dairy program lapsed and the government returned to a 1948 formula for calculating milk price.
Senate Agriculture Committee Chairman Debbie Stabenow indicated that the House could vote on it as early as Sunday.
Agriculture Secretary Tom Vilsack said Americans faced the prospect of paying $7 for a gallon if the current dairy program lapsed and the government returned to a 1948 formula for calculating milk price.
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