The farm bill process was put on a shelf when Congress was trying to elect a new speaker.
With a full legislative agenda, lawmakers will have a difficult time completing the farm bill before the end of the year.
If the farm bill isn’t completed before the end of the year, it reverts to permanent law with a parity price based on the market from 1910-to-1914.
“If you ask a farmer if they would like $50 per hundredweight milk instead of $15 milk, they would like that for about three days until the markets are gone because that’s what will happen,” said Lucas Sjostrom, executive director, Minnesota Milk Producers Association.
“The dairy cliff will make the farm bill get done in some way, shape or form.” MMPA would rather have a good farm bill rather than just an extension. Policy priorities include updates to Dairy Margin Coverage.