A longstanding dispute over dairy policy is holding up an agreement between U.S. House and Senate lawmakers on a new farm bill, House Agriculture Committee Chairman Frank Lucas said.
The most obvious sticking point “is the dairy policy,” Lucas said in an interview today in Washington. “We’re just not quite there yet,” said Lucas, who said that once a “handful of things” are resolved, a conference meeting will be held to resolve remaining issues.
Lawmakers have been debating the bill for more than two years. The measure governs farm subsidies, which encourage the planting of soybeans, cotton and other crops that reduce the cost of materials for commodity processors including Bunge Ltd. (BG)
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