New Farm Bill on the way? - WALB.com, South Georgia News, Weather, Sports

New Farm Bill on the way?

Tyron Spearman, Exec Dir Peanut Buying Point Points Association Tyron Spearman, Exec Dir Peanut Buying Point Points Association

South Georgia farmers hope Congress will pass a farm bill soon.     

House and Senate leaders continue to negotiate differences in the bills each passed.  

No matter what is passed, Farmers know Ag spending will be cut and changes are coming to the price supports many farmers are used to.  

Tyron Spearman, Exec Dir Peanut Buying Point Points Association, is hopeful...  

"We went this past year with a regular farm bill and there was a payment in there called a direct payment of $36 per ton they've eliminated that. That has been discontinued the new bill we will have a reference price and if peanuts go real low or cotton or corn or the other commodities then that will kick in and help the farmer. "       

The latest extension of the old farm bill will last through January.

 

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