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Farm Bill negotiations could lead to higher milk prices
WASHINGTON, D.C. (NEWSCHANNEL 3) - New negotiations on the Farm Bill in D.C. could lead to higher milk prices for everyone if they don't make a deal.
Members of the House and Senate are scheduled to begin negotiations this week on the five-year, roughly $500 billion bill.
If they don't finish it, dairy supports could expire at the end of the year and that could send the price of milk skyward.
Right now the House and Senate are far apart on the issue of how much money to cut from food stamps.
The Farm Bill sets policy for farm subsidies, food stamps and other rural development projects.