Posted on 09/30/2012 9:18:13 AM PDT by Sub-Driver
Schumer: Lawmakers Must Act To Prevent Massive Potential Increase Of Milk Prices September 30, 2012 11:37 AM
NEW YORK (CBSNewYork) – The price of a gallon of milk could skyrocket if the Farm Bill is not renewed by the end of the year, according to Democratic Sen. Charles Schumer.
Schumer held a news conference Sunday to urge his fellow lawmakers to act quickly on the bill, which expires today.
If the measure is not renewed, Schumer said economists estimate milk prices could double in New York by January 1st.
A gallon of milk could surpass $6 if no action is taken, Schumer said.
The Farm Bill was passed by a large bipartisan majority in the Senate but Schumer said it is time for the House to act on this important issue.
Without renewal of the Farm Bill, Schumer said the country would revert to a 1940s era agriculture policy.....
(Excerpt) Read more at newyork.cbslocal.com ...
Exactly. If Chucky wants to scare us into renewing this I'd have to bet there's something else tied to it we won't like.
If milk prices DO happen go up in the absence of a new Federal farm bill, the higher prices will be temporary, as those same price increases become the market signal to other farmers that they can produce and deliver milk for less.
The truth is that the majority, the vast majority of what the nation’s farms produce have NOTHING, NOTHING AT ALL in “assistance” from the Federal government’s farm programs.
The other truth is that the vast majority of all direct assistance and subsidies from the farm bill go to a minorty of farms at the top of the farm revenue heap.
The farm bill has not been an economic necessity for the nation’s farm economy for decades. It is 100% about industry cartels, crony capitalism, political donations from the subsidized segment of American farmers and wholesale transfers from all taxpayers to a minority of the nation’s farms - a pampered minority.
What began as a depression era aid to America’s farms is a program whose purpose has been over taken by time, and it is time the entire program died. Keeping it alive will have NOTHING to do with keeping a vibrant American farm economy - it’s no more than keeping a corpse on life support.
Kill the EPA, repeal Obama’s executive orders, drill for oil and build the Keystone pipeline and food prices will drop significantly.
Let’s start by firing Obamugabe and Schumer.
LOL!
End Ethanol Mandate
In order to survive economically and insure the best health for your cows you must milk two or three times per day. Robotic milking operations allow cows to be milked "continuously," will some higher yield cows milking four or five times per day.
I wish you were right, but this statement is not true as far as dairy farms go. Because of the support price of milk, dry milk stocking, food and cheese programs run by the Federal government, and because of food stamps, there has essentially been "Quantitative Easing" in the dairy economy for 70+ years.
It is 100% about industry cartels, crony capitalism, political donations from the subsidized segment of American farmers
All true, but it is also about the perception on the part of "small" farmers that they cannot survive without subsidies. The Gingrich Congress tried to take farmers off subsidies in 1994, and the uproar in the Midwest and dairy country in the Northeast was deafening at the first sign of trouble.
ALL American farming is subsidized. It doesn't need to be, it shouldn't be, but simply saying it isn't subsidized doesn't make it so.
Last week "Chuckyou" was whining about GPS, now this. What's coming next week...crying about the "efficiency" of disposable diapers? Poor idiot desperately trying to get some "face" time. WADDAPUTZ !!
but it won' stop prices rising since California dairy farms going broke due to feed prices, so in California the nation’s largest dairy state, dozens of dairy farms large and small have filed for bankruptcy in recent months with many on the verge of insolvency while others have sold their herds or sent them to slaughter...
Worked on a ranch in E. Oregon one summer many years ago, just to see what it was like. They had two cows kept for fresh milk and butter, and to produce a calf for slaughter as a yearling.
This was milking by hand, and always twice a day. I made the butter manually, as well. Didn’t have any kind of churn, so I would put the cream from a couple days plus enough milk to have 1.5 quarts in a 2 quart mason jar, and shake that sucker until butter formed.
Hard work, but I was young and dumb.
A lot of orchards here in Michigan lost their entire crops due to the drought. I spoke with a friend who went to a cider mill today; not only were there no local apples, but the cider is $8.50 a gallon!
Hope next summer isn’t a repeat performance.
Only the price of government should skyrocket.
And health care.
And energy.
And gasoline.
And Schumer.
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