The cost of milk may go up in the New Year.
A stalled farm bill in Congress may mean higher milk prices in the coming year. The price of milk could rise from the current average of $3.65 to as much as $7.00 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.
Milk prices could increase
POSTED: 8:46 AM Dec 26 2012
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