October 29, 2013
The fight over renewing the nation’s farm bill has centered on cuts to the $80 billion-a-year food stamp program. But there could be unintended consequences if no agreement is reached: higher milk prices.
Members of the House and Senate are scheduled to begin long-awaited
negotiations on the five-year, roughly $500 billion bill this week. If
they don’t finish it, dairy supports could expire at the end of the year
and send the price of a gallon of milk skyward.KLTV reports that the price of milk could reach $8 a gallon.
“We are pretty much at the mercy of the people that are going to pay us. We have no control over the milk price,” dairy farm manager Bear Vanderwier told KLTV.
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