Monsanto has agreed to settle some of the lawsuits brought by U.S. farmers who allege they lost money when an Oregon field was discovered to have been contaminated with an experimental genetically modified strain of wheat.
With trillions dollars of government spending up for grabs, lobbyists from all ends of the spectrum, representing environmental interests, biotech companies, food companies, farmers, flocked to Capitol Hill to find their piece of the Farm Bill pie.
Originally published on Wed January 29, 2014 1:56 pm
The House on Wednesday passed a new five-year compromise farm bill. The bill now moves to the Senate for a vote.
The farm bill — the result of a two-year-long legislative saga — remains massive. The bill contains about $500 billion in funding, most of which is pegged to the food stamp program, officially called the Supplemental Nutrition Assistance Program (SNAP).