AGRIBUSINESS: Tentative Farm Bill Agreement Ahead
Before Congress left for recess, negotiations on a farm bill were at a standstill, in part due to the dairy standoff between House Ag Ranking Member, Collin Peterson and Speaker of the House John Boehner.
But Congressman Rodney Davis, a House Republican and farm bill conferee says as he was leaving he heard of a workable solution emerging. He believes there is a tentative agreement over dairy and says the nutrition title and the energy title have their framework done.
Davis says if the compromise comes through and other provisions are held together, then a farm bill can be passed by the end of January. Davis says thee current farm bill draft has about $20 billion in savings over the next ten years.