Milk Prices Likely To Soar In January

Discussion in 'Off-Topic' started by truebluefan, Dec 22, 2012.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    House Republicans let the five-year farm bill expire at the end of September without a new law to replace the massive measure covering billions of dollars in programs, including food stamps and agriculture subsidies. The Senate passed its own bipartisan, 10-year farm bill in June, and House Democrats and farm state Republicans attempted to force the House to consider a bill to replace it. But the GOP leadership steadfastly refused to vote on it.

    As a result, milk prices could jump as high as $6 to $8 per gallon after Jan. 1, when the government will revert to following antiquated 1949 regulations without a farm bill in place:

    Read more http://thinkprogress.org/economy/20...struction-blocked-the-farm-bill-in-the-house/
     

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