After months of negotiations, a deal has finally been reached for the Farm Bill.
The extension came late Sunday night, taking price uncertainties off of crops and commodities like milk. Had an agreement not been reached, the 1949 Agricultural Act would have gone back into effect, causing the price of milk to almost double to $7 a gallon.
However, the bill doesn't only affect the price of milk. It also impacts food nutrition programs like food stamps.
"It's important to realize that the Farm Bill is about 80 percent of programs that benefit the consumers, rather than farmers that make up 20 percent," Earl Williams, president of the Winnebago-Boone Farm Bureau said.
Farmers are currently working to develop a 2013 bill that would be appropriate for modern agriculture.
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