Ready To Pay $6 For A Gallon Of Milk?
DETROIT (CBS DETROIT) – How much would you pay for a gallon for milk? Dairy farmers warn that there could be a jump in price at the grocery store by year’s end.
Ken Nobis is with the Michigan Milk Producers Association and notes that Congress has its plate full of very pressing issues and fears the Farm Bill may be on the back burner:
“Syria, they’ve got the budget, they’ve got many other issues to address,” Nobis told WWJ’s Beth Fisher.
He says without congressional action – an old law would kick in – and you could end up paying a lot more.
“Probably, talking in the neighborhood of $5-6 a gallon for milk,” said Nobis. “The consequences are consumers aren’t going to buy the product at that cost.”
The U.S. House voted down a farm bill back in June — after the Senate approved a different version. There have been disagreements over food stamp funding tied to the measure.