Call it the ‘dairy’ cliff: Milk prices may double in 2013
Published: 2012-12-27 Origin: CNN Authour: Foodmate team Views: 29
Core Tip: Forget gas prices, the cost of a gallon of milk could double early next year if the agriculture bill gets swept up in fiscal cliff negotiations, CNN Money reports.
Forget gas prices, the cost of a gallon of milk could double early next year if the agriculture bill gets swept up in fiscal cliff negotiations, CNN Money reports.
Absent a new bill, the government would be required to buy milk at twice today’s price, driving up the cost for everyone, the report says.
Dairy Farmers of America, the nation’s largest dairy farmers cooperative, is based in Kansas City.