A round baler includes a housing, a bale chamber, and a bale wrapping apparatus. The bale wrapping apparatus includes two twine supply rolls providing two twine strands; two twine dispensing arms, each presenting one of the two strands; a shear bar connected to the housing; and a knife assembly rotatingly connected to the housing by an elongated bar to rotate from a first position to a second cutting position, the two twine strands extending transversely between the shear bar and the knife assembly, the knife assembly comprising: a mounting assembly comprising a mounting member having two protruding posts; a knife having two slots formed therein and a cutting edge, the knife mounted on the mounting member so each protruding post extends through one of the slots; and a biasing member disposed on each post to bias the knife toward the mounting member while permitting the knife to move relative to the mounting member.