Milk prices

[Dixieangus]

Hey everyone, havent posted on here in forever and i know the milk board doesnt get much attention so here it goes. I have seen on the news lately of milk prices doubling because of some kind of farm bill? They were talking about how the government would buy milk on cost of production in 1949? Just seemed out there and I was curious on what you know about it and how you feel about it......

 

[greybeard]

All they have to do to avoid this so-called "Dairy Cliff" is to repeal a 1949 statute that requires the US Govt to purchase milk from producers.
I'm no where near sure this isn't just one more tempest in a teapot thing tho.

http://money.cnn.com/2012/1...e_editors_picks=true

 

[pdfangus]

All they have to do to avoid this so-called "Dairy Cliff" is to repeal a 1949 statute that requires the US Govt to purchase milk from producers.
I'm no where near sure this isn't just one more tempest in a teapot thing tho.

http://money.cnn.com/2012/1...e_editors_picks=true

ditto....
no way the wizzards in washington are going to let the price of milk go to $39.00 per hundred.....at the farm gate....