Posted on 12/29/2012 6:31:37 PM PST by Olog-hai
Lawmakers in the House and Senate agriculture committees are working on a short-term extension to the expired U.S. farm bill, and plan to vote on the extension by Monday, the final day of 2012, a Congressional source said on Friday.
The proposed extension to farm legislation that expired in September would be for “some months” but for less than a year, the source said.
If an extension is passed, the United States would avoid reverting to 1949 “permanent law” and a potential spike in the retail price of milk to as much as $8 a gallon in 2013. …
(Excerpt) Read more at reuters.com ...
Agree. Beer is a much healthier drink.
I can easily understand where milk “should” be more expensive than it is.
We don’t have a right to it, it shouldn’t be subsidized, and I think many will pay the market price if we ease up to it.
It’s perishable. Of course it should cost more than soda!
First, prove it. Real proof not global warming, sea is rising or falling liberal BS, real proof.
Second, what people drink is none of your damn business Bloomberg.
if milk reaches $8.00 a gallon, noone will but it. When shortages occur in any product, citrus, apples etc etc...I don’t buy them nor would I but milk at $8.00 per gallon. I understand farm subsidies, (I think) and they probably should have never been started at least in the form that they now exist. I see no reason to pay 4 or 5 dollars a pound for cheese when the federal government has warehouses full of it that they have purchased to bolster the price.
but=buy
Agreed on the “free market” idea. But the $8/gallon isn’t free market - it is the government being forced to purchase the milk at a calculated price (based on wages, costs, etc.).
And like I said before - this isn’t about milk, and only partly about farm subsidies. It is about food stamps (which accounts for 67% of this “farm” bill).
And where does the whey come from I wonder? From milk of course. It’s what is left over after they make cheese from milk. Also the liquid on top of pasturized yogurt. So, $8 milk means VERY expensive whey shakes.
Big Ag is subsidized brcause the Communist Chinese dump so much ag products on America and the world. To compete US Ag has to be sold outside the US...but at prices that US producers sell at a loss. The subsidies keep US Ag afloat.
If you tariff the Commie Chinese...you do not need subsidies. US Ag can sell in the US..at lower prices and lower taxes for the consumers
Seems like we have experienced gradual centralization, dependence on subsidy, and more along those lines. Eventually falls apart . . . even will in Red China.
- Extension of factories and instruments of production owned by the State; the bringing into cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan.
- Equal liability of all to work. Establishment of industrial armies, especially for agriculture.
- Combination of agriculture with manufacturing industries; gradual abolition of all the distinction between town and country by a more equable distribution of the populace over the country. …
Just another liberal voting block that receives money from taxpayers in exchange for their votes.
Yes, Republicans are guilty for being involved as well.
Show me where in the constitution it allows the federal gov’t to subsidize a product?
corn for ethanol should have never been subsidized...blame it on stupid politicians...no more ethanol...
Domino effect in play for mass starvation and riots ,
obama's wet dream coming to your house soon.
They set up regulations that increase the cost of production, then hide the increases by having taxpayers subsidize the “lower” costs, and now try to obfuscate the whole sick deal by using scare tactics - whatta country!
They set up regulations that increase the cost of production, then hide the increases by having taxpayers subsidize the “lower” costs, and now try to obfuscate the whole sick deal by using scare tactics - whatta country!
If milk goes up to $8 per gallon the remaining dairy producers will make money hand over fist. Competition will come in and the price goes down. Same as it ever was.
Competition will come in and the price goes down. Same as it ever was.
That is a pipe dream.
The cost of producing that milk is already higher than you pay for it in the store. There may be a little price playing for a short time but very quickly milk will go way up in price and stay there.
There are no short cuts to feeding the cows, and obtaining and safely processing the milk.
Good luck with ever having cheap milk again.
If they remove the milk support it will be all of that times 1000 and many in the meat milk and chicken industry will not survive. The price of food will go sky high and never recover to the "before" point. Like it or not that is the history of the markets. The government supports and subsidies the cost of ag products to keep the prices low to the consumer while letting the farmers/ranchers make enough to profit and stay in business. It these subsidies are withdrawn the farmers/ranchers will, by necessity, end up charging a lot more for their food products.
I am willing to pay what the market price is for the product. When my state makes me pay a MINIMUM price for the product now I feel very confident that the actual market price is less. Even if it would go up taxpayers are now spending tax money on milk and other farm products if they use them or not. It’s not right.
I am willing to pay what the market price is for the product. When my state makes me pay a MINIMUM price for the product now I feel very confident that the actual market price is less. Even if it would go up taxpayers are now spending tax money on milk and other farm products if they use them or not. It’s not right.
Sorry for the double post! Not on purpose.
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