Last month, we talked about what was in the Senateâ€™s version of the Agriculture Reform, Food, and Jobs Act of 2012, better known as the Farm Bill. The process moved over to the House, where the bill has a new name, the Federal Agriculture Reform and Risk Management or FARRM Act. The debate in the Agriculture Committee focused on an amendment proposed by Reps. Bob Goodlatte (R-Virginia) and David Scott (D-Georgia), which would have eliminated the market stabilization program for milk pricing and provided a safety net for dairy producers without requiring them to participate in a supply management program, such as the Dairy Security Act that is already in the Senateâ€™s version of the bill. That amendment ran into stiff opposition from Ranking Member of the House Ag Committee Rep. Collin Peterson (D-MN), who called the amendment a recipe for disaster.
Meanwhile, USDA officials are concerned about some of the proposed cuts to reports vital to dairy producers. Weâ€™ll hear from Jim Robb, the Senior Agricultural Economist and Director at the Livestock Marketing Information Center, who spoke during a recent Farm Foundation webinar on the proposed cuts.
Finally, the FARRM Act ran into trouble on the House floor, as leadership has proposed a vote on a one-year extension of the old farm bill, a moved opposed by the National Milk Producers Federation.