Sen. Kent Conrad (D-N.D.) on Thursday filed a compromise farm bill amendment aimed at getting southern farm state senators to back the bill.
The amendment would continue the counter-cyclical target price subsidy that the underlying bill eliminates. That program pays farmers if a commodity market price falls below an amount specified in the law.
The 2012 farm bill, authored by Sens. Debbie Stabenow (D-Mich.) and Pat Roberts (R-Kan.), replaces that and direct farm payments with an expanded crop insurance program to cover shallow losses, known as Agriculture Risk Coverage (ARC)