WASHINGTON (AP) — Congress has given its final approval to a sweeping five-year farm bill that provides food for the needy and subsidies for farmers.
Ending years of political battles, the Senate vote Tuesday sends the measure to President Barack Obama, who is expected to sign it.
The bill provides a financial cushion for farmers who face unpredictable weather and market conditions. But the bulk of its nearly $100 billion-a-year cost is for the food stamp program, which aids 1 in 7 Americans.
House Republicans had hoped to trim the bill's costs, but conservatives were eventually outnumbered as the Democratic Senate, the White House and a bipartisan coalition of farm-state lawmakers supported it.
The legislation cuts the food stamp program about 1 percent; the House had pushed for five times that amount.
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U.S. Agriculture Secretary Thomas Vilsack met with Warren Buffett last week to urge the billionaire investor to make sure his BNSF railroad is ready for an expected record corn and soy harvest this year.
Despite their aim for a final outcome later this year, negotiators from the 12 countries engaged in the Trans-Pacific Partnership (TPP) talks did not achieve any major breakthroughs in recent meetings.
Wilbur-Ellis Company’s Feed Division, a marketer and distributor of value-added animal feed ingredients in North America and Asia-Pacific, announced today that it has hired Jon Hus to serve as managing director of its Feed Asia business.