patching...
Breaking: Longshot Oxbow Wins Preakness Stakes »
Welcome back, Patch Blogger!

Farm Bill

Monday, December 31, 2012

Milk: Congress To Compromise on Prices

After close call, the agriculture committee reveals compromise so milk prices won't double in 2013, and we've included a list of current milk prices and specials at some Pikesville stores.

While Congress can't seem to agree on a compromise to avoid the "Fiscal Cliff," leadership of the agriculture committee announced a compromise on the farm bill Sunday. The compromise will keep milk prices from skyrocketing to $6 or $8 a gallon. In Pikesville, as of Monday, some of the prices range from $2.49 to $3.39 per gallon for most varieties: *Sources: Clerk at Trader Joe's, 1809 Reisterstown Road, and Pikesville Patch Grocery Specials feature. Senate Agriculture Committee Chairman Debbie Stabenow indicated that in addition to the one-year extension that has the backing of the committees, the House GOP is also considering two other extension bills — a one-month extension and an even smaller bill that would simply extend dairy policy …

Steve

3:05 pm on Wednesday, January 2, 2013

I had to give up on it. I read an article on it one time and that was it for me. (same thing with Scrapple!).The Dairy producers have an interesting history. It's almost like a cabal in the way they can manipulate prices. One of my old roommates in college owns a dairy farm and he showed me how farm accounting works. Farmers always cry poor when in reality in some cases it can be much different. …   more ›

Saturday, December 29, 2012

Milk Prices Could Skyrocket to $6 to $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. If Congress does not renew the Farm Bill by Monday, Dec. 31, the milk price formula reverts back to 1949, reported CBS Boston. On average, a gallon of milk costs $3.65, according to the dairy industry. 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 …

Mike Pierce

9:35 am on Sunday, December 30, 2012

Unfortunately, the whole thing has been a mess for decades. The government unfairly limits the price that farmers can be paid for their milk, forcing many out of business. The article states that the "government would sell off the milk surplus that it had built up", as if it were dealing with something like oil, which can be stored away in tanks forever. How can the government have a "surplus" to…   more ›

Got a Hot Tip?