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To: DWPittelli
One problem. It no longer exists. The federal legislation authorizing the Compact expired in September 2001.
12 posted on 11/07/2002 12:25:32 PM PST by NC28203
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To: NC28203
So if we do nothing, then the compact goes away?
15 posted on 11/07/2002 12:35:43 PM PST by fooman
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To: NC28203
You are right. The "Northeast Dairy Compact" has expired, and I should have looked up the latest terminology.

However, we still have a lot of milk subsidies in place:

Vermont Representative Bernard Sanders (I = Socialist)
9/30/02
Bernie Sanders said that some help for farmers is on the way from the USDA, which announced that farmers should receive retroactive payments by October 15th from the national dairy program that the Vermont delegation pushed through the Congress as part of the 2002 Farm Bill. These retroactive payments are estimated to total some $10 to 16 million, with the program providing an additional $38 million over the next few years. USDA’s announcement comes after significant pressure from the Vermont delegation to get the money out to farmers.

****
Rural News Friday, 10/5/2002
US Dairy Farmers Milk Subsidies
Dairy farmers in the United States will be paid on average two and half cents in subsidies for every litre of milk they produce, as part of the country's new Farm Bill.

Using current milk prices, that means a farmer with a herd of 140 cows will receive around $1500 a month from the government.

"If the fluid milk price in Boston falls below $US16.94 per 100 pounds in a particular month, producers throughout the USA will be compensated between $16.94 and the actual price," he said.

24 posted on 11/07/2002 1:04:27 PM PST by DWPittelli
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