Reports late Monday night were that an extension of the 2008 Farm Bill was not likely to be considered as part of the fiscal cliff legislation. But the Senate did include an extension through the end of September 2013. Reports are that the extension included in the package is a trimmed-down version of the plan proposed by Senate and House Agriculture committee leaders over the weekend. A Senate aide said it would extend the dairy program some want to replace and leaves out disaster assistance. There is also no funding for energy provisions and other expired programs that were in the 2008 legislation. Pat Roberts, Ranking Member of the Senate Ag Committee, said the extension isn’t the best possible bill but is the best bill possible at this time. He said it provides consumers certainty by avoiding the dairy cliff, and provides certainty to producers and their lenders as Congress continues work on a Farm Bill in 2013.
Source: NAFB News Service