Flexible Price Bill Is Junked In Farm Legislation
Washington March 27 a Senate House conference committee junked the administration flexible price proposal in rewriting the farm bill. Agriculture Secretary Benson predicted the move will invite a presidential veto and said dual parity would remain a key feature to support farmers. The compromise keeps a 90 percent parity level for core commodities, expands soil bank provisions, and eliminates per-farmer payment limits, with debate over timing and impact on the 1956 farm program.