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
What is Area 2 and What Goes on There?
We have all heard of Area 51 and S-4, along with such terms as Water Town, Papoose Lake,…See More
STRANGE THINGS HAPPENING IN YELLOWSTONE
It’s not the fact that Yellowstone National Park sits atop a super volcano that hasn’t erupted in…See More
Austrian police raid house of man who leaked Israeli ambassador video making genocidal comments
In a new ITV documentary, Breaking Ranks: Inside Israel’s War, former Israeli soldiers describe how Gaza civilians were killed, often without warning, in an ...
WARHAMMER 40,000 | 1980's GRIMDARK MOVIE
WARHAMMER 40,000 | 1980's GRIMDARK MOVIEThis is a Concept Movie Trailer made with the help of AI. This video is created purely for fun and out of curiosity a...
"Tavistock Timing"
The Ringside View
Down in the streets where the animals meetWhere tear gas flies and people get beatWhere…See More
Is America on the brink of a Dire Emergency
You might know if you have remained informed that America has been under asymmetric warfare for…See More
Sustenance
"Bacon health to the nation for one and all and stealth for operations elsewhere in the war. Yip a…"
The Consequence of Loneliness: Another Missing Person Case
Chapter I“Unit 7, Unit 7. Do you read? This is dispatch!”“This is Unit 7, over!” Deputy Patterson…See More
© 2025 Created by truth.
Powered by
