President Obama traveled to Michigan State University to sign the Agricultural Act of 2014 on Friday.

“Despite its name, the farm bill is not just about helping farmers,” President Obama told the small crowd invited for the signing. “Secretary Vilsack calls it a jobs bill, an innovation bill, an infrastructure bill, a research bill, a conservation bill. It’s like a Swiss Army knife.”

Obama said passage of the bill by Congress is a good sign they can get other work done. “We’ve got more work to do – to do immigration reform that will help farmers,” he said.

Listen to or download the president’s speech here: President Obama farm bill signing

Commenting on the signing, Dairy Farmers of America Senior Vice President John Wilson said they were thankful for the new bill, “which replaces outdated dairy programs with an important risk management tool that will help the nation’s dairy farm families maintain financial stability.”

“We would like to thank our members, supporters in Congress and National Milk Producers Federation for their tireless pursuit of new dairy policy and a completed bill.

“The unified voice the dairy producer community expressed during this process is admirable, and while the final bill does not reflect the exact policy we had proposed, we achieved our goal of creating dairy policy that will better serve U.S. dairy farmers.”