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Got Milk? It Could Cost $8 a Gallon

Congress is so focused on the fiscal cliff, the farm bill has yet to be renewed.

Come Jan. 1, there is a threat that milk prices could rise to $6 to $8 a gallon if Congress does not pass a new farm bill that amends farm policy dating back to the Truman presidency, reported the New York Times.

On average, a gallon of milk costs $3.65, according to the dairy industry. However, that could change if Congress does not renew the farm bill by Monday and the milk-price formula reverts back to 1949, reported CBS Boston.

U.S. Agriculture Secretary Tom Vilsack said without a farm bill renewal, farmers will be in a hurry to sell to the government, creating a shortage in the stores. It is estimated the price of milk could go as high as $8, he told the Capital Press.

If the farm bill is not renewed the government will be forced to buy milk at inflated prices, driving up the cost for everyone.

As customers demand milk, markets would look to higher-priced overseas milk producers to make up the shortage, and prices could go up on everything from butter to yogurt to cheese.

Eventually, the government would sell off the milk surplus that it had built up, causing milk prices to plummet.

In the short term, consumers would be devastated and dairy producers would have a payday, after which consumers would get a break while dairy producers watch their profits crash and burn.

Action on the farm bill this year was stalled by disagreements over the food stamp program, from which some conservative members of the House of Representatives wanted deep cuts, reported the Capital Press.

The National Milk Producers Federation and other farm groups had hoped a farm bill would be part of a final “fiscal cliff” budget package passed before Jan. 1.

JJ Mclure December 30, 2012 at 02:57 PM
there is always breast feeding
TemMom951 December 30, 2012 at 03:15 PM
Just wondering... how is everyone making ends meet here? We are barely scraping by anymore. We've reduced our outgoing to as far as we can because our income has progressively gone down over the past several years. Everything keeps rising in prices so it just keeps making it harder and harder. I shop at WalMart for food, even though I hate to, but for the lesser cost, I must. Now MILK? A staple in every household? We go through 3 gallons a week. I guess my tract house is going to have to turn into a tract farm. Raising a cow! Might as well add a couple of pigs in there too, bacon is now $7 or more per pound. To top it off, I just read the POTUS is giving everyone a raise in Congress. Great! Juuuuust great.
Theotis December 30, 2012 at 05:37 PM
Liberal scare tactics
Galactic Cannibal December 30, 2012 at 05:55 PM
HEY dudette, This is part of the American Dream ......Meanwhile we are building a new WAR SHIP (carrier) costing $10 billion, that is $10,000,000,000 of tax dollars. So my advice to you Dudette is KEEP CALM and CARRY ON...
popeye December 30, 2012 at 06:38 PM
Actually GC your American Dream is to live in a Trailor and eat trash. ha ha ha
SPB December 30, 2012 at 06:53 PM
Give almond milk a try. Its delicious.
On the right side December 30, 2012 at 07:09 PM
Doesn't take long for the idiots to post.
Timber December 30, 2012 at 08:01 PM
This is part of the function of the Federal Reserve Note we call 'dollars'. What is inherent in a fiat currency is the ability for the Federal Reserve to inflate the money supply, even if they are notation in digital form, which in turn destroys your actual purchasing power. This is also known as a hidden tax. Most are oblivious to this fact and the sad part is that we accept this form of unconstitutional taxation. A gallon of milk is still a gallon of milk, what changes is the number of 'dollars' required to exchange for the same gallon. It is not that the value of the milk is greater but the value of the currency is less. What will the people do about it?
Adrian December 30, 2012 at 08:20 PM
I agree, SPB!
Theotis December 30, 2012 at 09:14 PM
Popeye and Shane, errrr I mean Jeff said that they will be milking each other to help out on this crisis
Erin December 30, 2012 at 10:39 PM
Couldn't agree more. Not to mention it's better for you.
Pastor Bryan December 30, 2012 at 10:44 PM
Pasteurized/Homogenized Milk has no value and is quite bad on the gut flora... I think it is a total waste of money! Pasteurizing milk destroys beneficial bacteria along with the bad ones and destroys enzymes essential for nutrient absorption. Pasteurizing milk destroys all its phosphatase; this is essential for the absorption of calcium, and calcium works with Vitamin D, not only available through sunshine but is an essential nutrient in raw cream. Homogenization is a process that breaks up fat globules in cream into very small particles which then do not separate from the rest of the milk. One of the reasons homogenizing milk became standard processing plant practice is that it allowed cheap Grade C milk (with little cream rising to the top) to be mixed with Grade B and valuable Grade A milk (with lots of cream rising to the top) to all be labeled as Grade A and priced accordingly. There is no known health or nutritional advantage to homogenization and quite a bit of science proving its harm. research suggests that this fracturing of the lipid (fat) molecule creates a free radical cascade that can cause allergic reactions and, through complex metabolic processes, even heart disease. (Others suggest that it is really the heating of the milk protein in the water fraction of the milk that provides allergic reactions, not homogenization.) Many dairies still use RGBH in the cows that is known to cause Cancer. http://www.preventcancer.com/press/conference/jan23_96.htm..
Delvina Fiducia December 30, 2012 at 11:33 PM
I drink it every day. Delicious in recipes. The milk lobby has lead us down a "fat" path.
SPB December 31, 2012 at 02:18 AM
I was in Florida visiting family and I found Almond/Coconut milk. I've had versions of each, but never such blended greatness in one container. I must now find out if they have in around here... or I guess I could buy one of each and just do a 50/50 thing.... Yeah, I may have to do that...
CC December 31, 2012 at 04:47 PM
Really why complain. If it is going to happen there isn't much we can do. Boycott milk? Really just like gas prices it is something u need unless u like other alternatives. We struggle daily in this economy, but some how u just figure it out and keep living. U find other options or u deal with it. I personally like milk. I guess I will eliminate something that I don't need to enjoy a cold glass of milk.
Diane December 31, 2012 at 10:31 PM
Well good for you. Don't drink it Pastor.

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