New farm bill needed to prevent 'dairy cliff'

If Congress doesn't get around to passing a new farm bill before the end of the year the USDA will be forced to support higher prices for dairy farmers which would create a disruption up and down the food industry.

Milk producers could benefit from the changes mandated by the 1949 farm bill - while food sellers could see profits pinched with consumers unlikely to absorb the full amount of price hikes.

Most analysts think Congress will get its act together in time, but the risk of a stalemate exists.


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Comments (6)
  • heavydutytruck1
    , contributor
    Comments (20) | Send Message
    I don't think the farmers need any more welfare from the government.if they get it then truck drivers should also get it as our rates have not gone up since I started driving in 1980.let the farmers charge what they will and let competition set the price if its higher then so be it
    4 Dec 2013, 06:18 PM Reply Like
  • rough diamond
    , contributor
    Comment (1) | Send Message
    You realize the "food stamp" hand- out consumes around 80% of the pot?
    6 Dec 2013, 03:34 PM Reply Like
  • stvrob_63
    , contributor
    Comments (1133) | Send Message
    The image of a dairy cattle herd stampeding off a cliff is going to give me nightmares tonight, I just know it.
    4 Dec 2013, 07:23 PM Reply Like
  • pmiller100
    , contributor
    Comments (358) | Send Message
    Why is KO a related stock?
    5 Dec 2013, 09:16 AM Reply Like
  • Dave in Racine
    , contributor
    Comments (350) | Send Message
    Coke has at least one dairy product, Core Power. This is some type of sprots, work-out recovery product.
    5 Dec 2013, 10:46 AM Reply Like
  • swampknot
    , contributor
    Comment (1) | Send Message
    An image of congress stampeding off the cliff would counteract the cattle image, would help you sleep very well indeed.
    5 Dec 2013, 09:22 AM Reply Like
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