Quantcast
breaking news

Milk Prices Could Increase in the New Year

By: KFDX News
Updated: December 26, 2012
watch video

The cost of milk may go up in the new year. A stalled farm bill in Congress may mean higher milk prices are coming. 

The price of milk could rise from its current average cost of 3.65 a gallon to as much as 7 dollars a gallon if Congress fails to pass a new farm bill. 

Without last minute action, the government would have to follow legislation dating back to the Truman presidency which would force Washington to buy milk at inflated prices. As a result, that would create higher prices at the dairy case. 

The higher prices would be based on what it cost to produce milk in 1949 when it was practically done by hand. 

The Senate passed a farm bill back in July of this year, but House leaders have yet to bring its version to the floor.

Readers Feel...

hello
Related Content

Victoria's Ali Cowan shoots an opening round 70 to take the lead in the 57th T-O Jr. Golf Tournament. ...

It appears once a week water sprinkling will continue to be allowed in Wichita Falls, at least through stage three restrictions....

The search for a Wichita County man wanted last month on a felony warrant has come to an end....

Apartment complexes in Wichita Falls are trying to stay one step ahead of mail theives that are targeting after hours office drop boxes around town....

The line of thunderstorms early Monday morning with some winds in excess of 60 miles an hour caused wide spread power outages and damage across Texoma....

Arrogant, demanding, and hyper-critical: management experts say they are some of the worst traits of a bad boss, and it only takes one to damage the office atmosphere. We show you how to survive...

Texoma Community Credit Union Forecast...

A two and a half hour rain delay forced the boys round of the Open Championship to finish late Monday in the 57th Texas-Oklahoma Jr. Golf Tournament.  ...

Sheppard Air Force Base officials say they are now using  50% less water compared to what the base used in 2007, thanks in large part to a half million dollar investment in water conserving...

A Texoma family owned company is helping military families who have lost loved ones in the wars in Iraq and Afghanistan....

 
 
If you knew the NSA programs have prevented major terrorist attacks, would your opinion of the government "snooping" be favorable?
 



 
 
 
©1998 - 2013 Texomashomepage.com
Nexstar Broadcasting, Inc.
All Rights Reserved