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The Boston Globe

Business

Deal may keep lid on the price of milk

1-year extension on tap for farm bill

WASHINGTON — The top leaders in both parties on the House and Senate Agriculture committees have agreed to a one-year extension of the 2008 farm bill that expired in October, a move that could head off a possible doubling of milk prices next month.

Debbie Stabenow, chairwoman of the Senate Agriculture Committee, indicated that the House could vote on the extension as early as Sunday evening, though House leaders had not agreed to put it on the floor.

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