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Thread: Milk could rise to $7 per gallon after Jan 1

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    Milk could rise to $7 per gallon after Jan 1

    In order to keep dairy farmers in businesses, the government agrees to buy milk and other products if the price gets too low. The currentagriculture bill has a formula that means the government steps in if the price of milk were to drop by roughly half from its current national average of about $3.65 a gallon.Problem is, the current bill expired last summer, and Congress had been unable to agree on a new one. Several protections for farmers have already expired, and several more are set to do so over the next few months. One of them is the dairy subsidy, which expires January 1.But instead of leaving farmers entirely out in the cold, the law states that if a new bill isn't passed or the current one extended, the formula for calculating the price the government pays for dairy products reverts back to a 1949 statute. Under that formula, the government would be forced to buy milk at twice today's price -- driving up the cost for everyone.
    Milk prices may double in the New Year - Dec. 21, 2012

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    OK, then I'll drink beer with my Wheaties.
    IMGreat101 likes this.

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    Quote Originally Posted by bayern View Post
    OK, then I'll drink beer with my Wheaties.
    A little barley pop with some fibrous flakes? What's not to like about that!

    Breakfast, lunch and dinner!
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    I love milk but am lactose intolerant. Maybe I just need to give it up altogether.
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    Who needs milk? If I get near the oreo display I am jonesin' for a gallon of ice cold milk. The marketing campaign about milk = calcium is just that. You do not absorb as much calcium through dairy as you do through dark leafy greens. Have you ever seen collard greens advertised with cookies?

    I also equate that to, "I need whole grain bread to be healthy." No, you need to stop piling one pound of cheese and three tablespoons of mayonnaise on each sandwich.
    To Live Is To Eat

    IMG could turn a conversation about the weather into a mouthwatering food story. - Cidp24

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    Better to remain silent and be thought a fool, than to open your mouth and remove all doubt. - Solomon

    We were all born wild. It was up to our parents to domesticate us.

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    so if the goberment helps out we all get screwed. never thought of it like that.


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    Quote Originally Posted by JLK View Post
    so if the goberment helps out we all get screwed. never thought of it like that.
    Government "help" should always be written with quotation marks. I think it falls in with truth in advertising.
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