US Farm Bill Expires: Milk Prices Expected To Soar
New York Senator Chuck Schumer says American families could soon be paying twice as much for a gallon of milk with the expiration of the US Farm Bill. Schumer thinks we could see the price of milk soar to $6 a gallon! It would also drastically affect the price of cheese and other foods made with dairy products. Here's what Schumer had to say:
I'm certainly hoping this is not the case. With the amount of milk my son drinks, it's not unusual for me to go into the convenince store and buy 4 gallons of milk at a time! I'm not looking forward to dropping $24 on a milk run to Cumberland Farms. Plus, think about what this could mean for the price of a large cheese pizza. Not good.
Remember this Sesame Street milk crisis?