Expired farm bill costing consumers money

Friday, December 28, 2012 - 2:24pm

Congress is not taking too much action on the farm bill. The farm bill is 13 weeks expired.

Many farmers are being left high and dry.

With all the fiscal cliff issues, tax hikes and spending cuts, Congress is not taking too much action on the 2008 expired farm bill.

A bill supporting agriculture and food programs, and with the stall many will face big problems.

KETK called Ariane Lotti with the "National Sustainable Agriculture Coalition" in Washington D.C. about what farmers and businesses can expect.

"There are a number of key issues that kind of come to the floor front once we hit January 1st., so the bill expired September 30th, and with it a lot of things expired."

Lotti adds,

"The government will officially have to buy back a lot of dairy products from the dairy sector, the first kind of major disruption to commodity markets will if nothing is done will be in January with the dairy market."

Experts say, the price of milk can even double.

The stall of the farm bill has made a big impact on East Texas.

"The farmers here need the subsidies just to make it, feed prices are really really high and the cost of having a farm in general," says al Horaney, at Al H. Horaney's, Inc.

Congress still has time to pass or extend the farm bill.

Lotti tells KETK, it will depend on the fiscal deal congressional leaders will solve before the new year or in January.

This upcoming decision will affect the agriculture industry a lot.

"It's really costly so they need help so they need to pass the bill," says Al Horaney, at Al H. Horaney's, Inc.
 

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