Farm Bill Returns to House After Debate
A conference committee failed to agree on a farm bill amendment to sell surplus wheat for livestock feed at about 3 cents a bushel and sent the measure back to the House. The Senate had supported a policy mix affecting parity payments and soil conservation, with potential cost savings of up to 700 million dollars, while conferees noted ongoing disputes over Farm Security Administration funding and soil rules. The Navy projects 8.58 million pounds of dried beans and 936 thousand pounds of hops consumption this year.