Report: Milk Could Skyrocket To $8 A Gallon If Farm Bill Not Passed


CBS DC
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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