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The Farm Bill; Lame Duck session

andy lambertNovember 16, 2012

Congress resumed legislative session on Tuesday, and it will be up to House GOP leaders as to how the farm bill will be dealt with in the lame-duck session. Farm policy watchers believe if there is no fiscal cliff compromise agreement, there will be no farm bill this year. The farm bill could be a budget offset as part of a larger plan and could also be extended in a larger package with direction given to Ag Committees to report saving a designated amount by a specified date in 2013. While some type of extension of the 2008 Farm Bill may be likely, what happens to the nearly $5 billion in direct payments is murky – some cut could be used to extend expired disaster and dairy programs. Many sources predict the farm bill to be extended in a larger package, but that option remains to be seen.

For more, listen for reports from Kansas Farm and Ranch Radio, a division of Rocking M Radio.

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