The Price of Milk To Double Without a Farm Bill
Did you know milk, cheese, and other dairy products could double in January if the farm bill isn't passed before the new year?
At first I thought this was a veiled threat from the farm lobby to get their subsidies, but it looks like it goes deeper than that. In fact, farmers don't want the price to go up because they fear they'll be swimming in unsold milk.
"Few will buy milk the USDA will be forced to sell at prices consumers can’t afford, so Congress has no alternative but to stop the change," UW-Madison agriculture economist Bruce Jones told the Wisconsin State Journal. "We’ll be swimming in milk, with nobody to consume it."
He added that the dairy industry would experience a short-term windfall but the lack of demand would cause milk prices to eventually plummet which would be a catastrophe for dairy farmers.
But what is responsible for the price of milk, and why would it double without a farm bill?
The price of milk is not set by the free market as Jones suggests. It's set by USDA regulators that claim to use market indicators and a "variety of pricing regulations":
Over the past 125 years, a complex system of both public and private pricing institutions has evolved to deal with milk production, assembly, and distribution. The pricing of milk in the United States is part market-determined, and part publicly administered through a wide variety of pricing regulations. (Source: USDA)
This complex system is said to be used to create a balance between supply and demand to take the following into account:
Continue reading at: http://www.activistpost.com/2012/12/the-price-of-milk-to-double-wit...
Replies to This Discussion
-
Permalink Reply by Charles Royer Sr. on
-
I'll gladly pay $7 a gallon if they cut FOOD STAMPS , the real farm bill!
-
Permalink Reply by apeman2502 on
-
Just like applied science technologies and the technologies of exploitation become more ruthless and exoteric with time, the advancement in sophistication and the benefit of advanced warning from improved communications networks has advanced the science and applied science of defensive action against oppressors. The richest financial entity on the planet begot the leviathan resource exploitation to get there. Thus, they will fall with the farm. The chat in an upper economic class neighborhood Starbucks is more full of lies, deceit, and bigotry than the Starbucks in a college town.
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Woke Google ad Has Three Women Playing Basketball in Burkas
Website: https://saltmustflow.comOTHER PLATFORMS:Rumble: https://rumble.com/c/SaltyCrackerLocals: https://saltycracker.locals.com/Twitter/X: https://twitter...
Shadows Across the Land
Shadows Across the Land Watching the storm coming over the horizon somedayWondering when reality…See More
Geoengineering Watch Global Alert News, May 4, 2024, # 456 ( Dane Wigington )
https://www.GeoengineeringWatch.orgTo support Geoengineering Watch: http://www.geoengineeringwatch.org/support/Contact us: Dane Wigington, P.O. Box 9, Bella ...
Deliverance - Prince
From the unreleased EP "Deliverance", which was assembled by a sound designer who intended for its posthumous release on the one-year anniversary of Prince's...
He’s EXPOSING how the West brought war to Ukraine, and they don’t like it | Redacted News
✅Videos we recommend: https://www.youtube.com/playlist?list=PLZdhTWJ6YawrVRcYeuCmiK6BLnkSprAtpAuthor Benjamin Abelow sits down with Clayton Morris to discuss...
"Two weeks ago, West Tennessee, Arkansas, Oklahoma and all points South were used as a Staging…"
gvIKn.qR4e-small-MAJOR-MEAT-COMPANY-INVESTS
"What, in the late years of their lives, is driving these people to commit such evil crimes against…"
"The sad state of the modern medicine"
Journalism as we know it
By Burbia The direction of journalism has taken is odious. First we have yellow journalism. This…See More
© 2024 Created by truth.
Powered by
