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Milk Prices Could Jump if Farm Bill Agreement Not Reached

Congress has until the end of the year or a 1949 law will take effect that could cause milk prices to double.

 

Bob Eberhard of Eberhard's Dairy is frustrated by the inaction.

 

"Well, I think what everyone is sick and tired about is our elected officials not doing the job they've been elected to do.  They've known about this deadline for months and haven't gotten it done.  They need to quit taking vacation and get their work done."

 

One of the main sticking points is food stamps.  The Senate bill cuts food stamps and other nutrition programs by four billion dollars over ten yeras.  The House bill cuts $16 billion over ten years.

 

If congress cannot agree on a new farm bill, it's hoped lawmakers will at least extend the 2008 bill by January first.

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