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
"cheeki kea I was wrong Emperor Penguins are big and powerful but still alive but this,
A size…"
"Cheeki kea here's another that they say there have been modern sightings of!
The name of…"
"cheeki kea, did you ever hear of the giant Imperial Penguins? They were about 6 feet tall and could…"
"cheeki kea I do not think these giant two legged birds would need to have a bad attitude as long as…"
“What’s His Motive?” - Inside The Mind of George Soros
"Trump calls for George Soros and son to face federal…"
Mossad, Terrifying CIA Technology, Blackwater & The Most Secret CIA Unit | John Kiriakou
John Kiriakou served 15 years in the CIA as a Case Officer (Spy) and as CIA's Head of Counterterrorism Operations in Pakistan where he lead the raid that cap...
A Critique of the Tavistock Institute - The Mother Of All Conspiracy Theories
An examination of the Tavistock Institute, a theory which seeks to explain how Western societies have been brainwashed by a cabal of social scientists and th...
“What’s His Motive?” - Inside The Mind of George Soros
In this short clip, Patrick Bet-David, Sebastian Gorka Adam Sosnick, and Tom Ellsworth George Soros and what motivates him to do the things he does. FaceTime...
© 2025 Created by truth.
Powered by
