Senate committee OKs Farm Bill with voluntary margin protection program

04/27/2012 | DairyHerd.com

A Farm Bill approved by the Senate Agriculture Committee includes a voluntary margin protection program that the International Dairy Foods Association says could restrict milk supplies to dairy processors. An alternative bill would have given dairy farmers "the ability to manage price volatility without including a failed policy that discourages investments by dairy food companies and takes away opportunities for dairy farmers to expand production," said IDFA's Jerry Slominski.

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