Farmers breathe small sigh of relief

Compromise extends Farm Bill, milk price controls

— Another measure, the Dairy Market Stabilization Program, would encourage producers who participate in the Protection Program to scale down production when the market is oversupplied. But farmers like Wood feel the program could lend a false sense of security and force farmers to gamble with their harvest.

“I just locked in the price myself and I may have done the wrong thing,” said Wood. “Who knows if this is going to be right. I’m a very poor loser, everyone knows that, I feel terrible when I make a decision and it’s wrong, but there’s no way to tell the future.”

Newer farms would also have access to new incentives such as the Beginning Farmer and Rancher Individual Development Accounts Pilot Program, which authorizes matching funds for savings accounts specifically to be used for farming-related expenses for beginning farmers and ranchers.

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