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Stabenow says farm bill extension is needed; additional funds could be secured
Senate Ag Committee Chairwoman Debbie Stabenow is calling on fellow lawmakers to extend the current farm bill.
“It would be irresponsible to allow vital programs in the farm safety net to lapse and revert to depression-era policy in January,” she says. “We can’t allow that to happen and given the chaos in the House, I know we will need an extension.”
Stabenow made her comments during a recent Senate floor speech.
The Senate has been working on the 2023 Farm Bill while the U.S. House was without a speaker. Stabenow’s ag policy advisor Kyle Varner told attendees at the recent Michigan Ag Credit Conference that the Senator has worked with Senate Majority Leader Chuck Schumer to secure around $5 billion in new farm bill spending.
Additional funds could go to increase crop insurance and the dairy program. Varner also reiterated the need for the Dairy Margin Coverage program to more accurately reflect milk production history and increase coverage levels as dairy farmers continue to struggle with low margins.
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