joe cain

Farm Bill
12:45 pm
Mon October 21, 2013

Farm Bill Uncertainty Could Affect Food/Dairy Prices

Credit Jim Champion / wikimedia commons

With the U.S. government reopened and a budget crisis averted for now, Congress has shifted it's attention towards the Farm Bill. 

The multi-year legislation governs agriculture programs and ranges from regulating food prices and rural development to conservation and nutrition assistance. The bill has caused contention among members over spending cuts, and the past shutdown has only slowed discussion.  

Kentucky Farm Bureau Director of National Affairs Joe Cain said if Congress doesn’t reauthorize crop insurance provisions by the January 1st deadline, it would cause uncertainty for farming lenders and could result in a rise in food prices.

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