Changes in Farm Safety Net Expected

Posted by Brian Gould Tue, 25 May 2010 17:12:00 GMT

In the next few years, dairy farmers are likely to see big changes in the safety net that protects them from crashing milk prices — including a first-ever comprehensive system to limit milk production, the chairman of the House Agriculture Committee said. Rep. Collin C. Peterson, D-Minn., said he believes the past year’s deep decline in milk prices will result in momentum for fundamental changes in dairy policy when Congress considers the five-year farm bill in 2012, as long as farm groups can find common ground and opposition from milk processors can be kept to a minimum. For the full story click here.