Deal could prevent spike in milk prices - KTIV News 4 Sioux City IA: News, Weather and Sports

Deal could prevent spike in milk prices

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The bill still needs a vote from the full Congress. The bill still needs a vote from the full Congress.

They are still trying to come to a deal to avert the fiscal cliff, but members of Congress have agreed on one thing.

On Sunday, they came up with a deal to extend the farm bill, and in doing so, averted a big spike in milk prices.

The top leaders in both parties on the House and Senate Agriculture committees agreed to a one-year extension of the 2008 farm bill that expired in October.

It's a move that would head off a possible doubling of milk prices next month.

However, the bill still needs a vote from the full Congress.

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