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CURRENT FARM BILL EXPIRED, NOW WHAT?
Oct. 1, 2012
BrownfieldAgNews reports:
The Farm Bill expires yesterday. So what does that mean for farmers?
American Farm Bureau Policy specialist Mary Kay Thatcher says not too much. "We probably won't see any changes at all until the first of January," she says. "Now you will see the MILC program expire - so dairymen will see some change there. But since the 2008 Farm Bill covers the 2012 crop, it will cover farmers regardless if the crop is harvested now."
Thatcher tells Brownfield it is highly unlikely the Farm Bill will revert back to 1949 permanent law. "There is absolutely no chance Congress would ever let us revert to that act - it would be far too costly," she says.
"So what we do is put that in every farm bill to ensure that we get something done on it. This is the perfect example - Congress has gone home, the Farm Bill is going to lapse, but sometime before January 1, 2013 Congress is going to have to do something."
That something, she says, will either be a new Farm Bill - or an extension of the 2008 Farm Bill.
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