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Milk prices may double in new year
CNN Money ^ | Dec 22, 2012

Posted on 12/22/2012 1:15:43 PM PST by george76

The New Year could push milk prices to $7 a gallon.

With Congress spending all its time trying to avert the fiscal cliff, a slew of other legislative matters are going unattended. One of them is the agriculture bill which, if not addressed, could lead to a doubling of the price of milk early next year.

...

Sky-high milk prices wouldn't necessarily be good for dairy farmers either, according to Chris Galen, a spokesman for the National Milk Producers Federation, which represents over 30,000 dairy farmers.

While it might provide a short term boost to profits, there's a fear that consumers would either cut back on dairy or opt for imported diary products. It could also force food makers to search for alternatives to dairy, like soy.

...

To prevent the price spike, Congress either needs to extend the current bill, pass a new bill, or enact some provision to keep the 1949 law from taking effect.

Given the current state of the fiscal cliff talks and Congress' inability to get things done in general, dairy lovers might want to stock up now.

(Excerpt) Read more at koat.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events; Politics/Elections; US: District of Columbia; US: Vermont; US: Wisconsin
KEYWORDS: farmers; farming; fees; milk; taxes
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To: BfloGuy
Is that Obama in heels? Yeah. Michelle.

No, no...I think it's Himself.

41 posted on 12/22/2012 3:57:59 PM PST by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: JRandomFreeper
what about the children?!?

Children aren't a good substitute for milk in most cooking and baking.

Very good, Johnny, very good. (I do have a sense of humor, it should be noted.)

42 posted on 12/22/2012 3:58:55 PM PST by OldPossum
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To: george76

Phobias, including lactophobia, expressed here, can be cured.


43 posted on 12/22/2012 3:59:00 PM PST by Revolting cat! (Bad things are wrong! Ice cream is delicious!)
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To: martiangohome

Well then that can be eliminated easily and the government can remove itself from the milk business. The dairy farmers will have to produce more milk or we will have to stop drinking as much if we are displeased with the price. It’s one or the other.


44 posted on 12/22/2012 4:02:04 PM PST by cotton1706
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To: OldPossum
It's a wonderful day that the Lord has made. I hope you are rejoicing and being glad in it. ;)

/johnny

45 posted on 12/22/2012 4:06:36 PM PST by JRandomFreeper (Gone Galt)
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To: ROCKLOBSTER
No, no...I think it's Himself.

Well, what with the heels and all, I can understand the confusion. But the muscle tone, dude. The muscle tone.

46 posted on 12/22/2012 4:13:15 PM PST by BfloGuy (Workers and consumers are, of course, identical.)
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To: BfloGuy
the muscle tone, dude. The muscle tone.

Oh...are you referring to "The Low Spark of High Heeled Boys"?

47 posted on 12/22/2012 4:30:47 PM PST by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: george76

Is Obama giving the cows government jobs?


48 posted on 12/22/2012 4:45:25 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: george76

I have some imaginary milk cows. I want $50,000 just like Obama gave those people for having imaginary pigs.


49 posted on 12/22/2012 4:47:00 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: Secret Agent Man

Worst drought in 100 years.

Yep, shortage of hay and feed grain.

Producers are in the squeeze.

Milk is currently 3.99 per gal. locally now. They put it on sale 1 time per month about $2.50 per gal.

My family sold all the beef cattle 2 years ago. Have not rebought because of the uncertainty of winter grazing and hay. If you own them you have to feed them regardless.

We have always had a small cow/calf operation. I suspect we will rebuy when there is a sign the drought is over. Not before regardless of price.


50 posted on 12/22/2012 4:48:17 PM PST by Texas Fossil
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To: ROCKLOBSTER

“That’s OK, milk isn’t good for you anyway.”

Screw you!!!

I drink at least 5 gallons of whole milk a week and ain’t about to quit!!

I’ve been doing it all my life and at 75 I can’t be hurting me too god damn much!!!


51 posted on 12/22/2012 4:53:39 PM PST by dalereed
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To: george76

Big Lots is selling ultra-pasturized shelf-stable boxed milk for a dollar per. They’re marked to be good for 6-8 months.


52 posted on 12/22/2012 5:04:12 PM PST by tbw2
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To: OKRA2012

When we get rid of government price subsidies for milk, couldn’t the price be reduced by eliminating subsidies for the cows, too?
And eliminating the ethanol mandate that is driving up the cost of corn / feed.


53 posted on 12/22/2012 5:05:39 PM PST by tbw2
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To: george76

Today, 12/22/2012, at a town in Louisiana, you pass through on your way to Shreveport, or to Baton Rouge, at the local WalMart (not all the counters were open), a gallon of whole milk cost $4.23.


54 posted on 12/22/2012 5:07:10 PM PST by Terry L Smith
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To: OldPossum

I don’t know that Johnny was kidding..

Maybe he has tried it?

I am afraid to ask, since he said “most”, what dishes they ARE good for ;)


55 posted on 12/22/2012 5:10:05 PM PST by cableguymn (The founding fathers would be shooting by now..)
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To: dalereed
Screw you!!!

What a mouth. Do you slip your boyfriend the tongue with that same mouth?

56 posted on 12/22/2012 5:17:48 PM PST by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month)
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To: tbw2

Gotta be careful with BL, might have a 6-8 month shelf life but how long have they already been sitting on a shelf?


57 posted on 12/22/2012 5:21:37 PM PST by cableguymn (The founding fathers would be shooting by now..)
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To: cableguymn

The milk boxes I found have expiration dates well into 2013.


58 posted on 12/22/2012 6:03:54 PM PST by tbw2
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To: george76

bought a gallon of whole milk today,, 3.29, same as the gas

cheerios don[pt taste the same with petro tho,, so I may have to just bite the bullet and get exploited by big gubamint until they ‘rectify’ the situation. where would we be without big gubamint?


59 posted on 12/22/2012 6:04:49 PM PST by NormsRevenge (Semper Fi)
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To: tbw2

Not bad. sounds like a deal.


60 posted on 12/22/2012 6:35:24 PM PST by cableguymn (The founding fathers would be shooting by now..)
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