WASHINGTON, D.C. -- Talk of the fiscal cliff has overshadowed the fact that there is still no Farm Bill in place in Washington, D.C. Congressman Bill Owens says the reason the bill has not been acted on since the election is because Congress wants to include it in the deal that addresses the fiscal cliff.
Since the milk income loss contract ended when the Farm Bill expired at the end of September, farmers have not been getting any kind of support for their milk and it’s possible that over the next year, the price in milk could double or even triple.
“Well so far because milk prices have been holding reasonably steady and there haven’t been any more dramatic increases in fee and cost factor. In the short term, I think they could hold their own. Not happily, but they can hold their own. This can’t go on for a long period of time because ultimately you will see movement in either costs or the revenue that will adversely affect farmers,” Owens said.
Congressman Owens says that he believes there will be a bill put forward by the end of the year.