Fiscal cliff warning: milk prices increase

December 27, 2012 - 10:52 am

WASHINGTON (AP) - The dairy industry could get wrapped up in the fiscal cliff deal-making.

That's because the price of milk could double. If Congress doesn't provide a fix for expiring dairy price supports before Jan. 1, milk-drinking families could feel the pinch.

One scenario is to attach a farm bill extension to the fiscal cliff legislation - if a compromise is reached in time.

Would you like to contribute to this story? Join the discussion.

Short URL: http://wj.la/12RnQ1u

Recommended For You

29 Comments

MORE COMMENTS

Post a Comment

RecommendedRecent Facebook Activity

Only On 7

Team up with the Home Team afternoons at 4 on ABC7

"Katie" weekdays at 4pm on ABC7 followed by Leon Harris and Alison Starling on ABC7 News at 5. Click here to find out more about "Katie!"