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milk subsidies
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maydel
Posted 12/14/2012 15:17 (#2751566)
Subject: milk subsidies


Theodore, Saskatchewan
Can anyone tell me if what I just read is true?


Massive U.S. milk subsidies will
automatically become payable Jan. 1
if a new farm bill or an extension is
not voted and passed by Congress
before then. If not, farm laws will
revert to versions in some cases dating to the 1950s. A floor price for
milk of $38.54 per cwt would apply
compared to the current market price
of $16.22, with the USDA obliged to
make up the difference on an unlimited amount of production.
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