Lack of farm bill could cause drastic increase in milk prices - 21 News Now, More Local News for Youngstown, Ohio -

Lack of farm bill could cause drastic increase in milk prices

Updated:

WASHINGTON, DC - The price of milk is about $3.50 a gallon in many places right now, but some experts say it could more than double that price within a year.

That's because there is no farm bill in place.

The legislation sets a minimum price for milk prices so dairy farmers can stay in business. But with no farm bill, they could get hit by huge fluctuations in prices.

"Which would put many dairies out of business and with the lack of supply and demand remaining the same, it could force milk prices to go as high as $8 a gallon," said agriculture expert John Jenkinson.

Experts say with all the focus on that fiscal cliff, a new farm bill has seemingly slipped through the cracks. So the price of milk could dip causing farmers to sell.

  • More From wfmj.comMore>>

  • Ohio offers extra hunting days for mourning doves

    Ohio offers extra hunting days for mourning doves

    Sunday, July 27 2014 1:45 PM EDT2014-07-27 17:45:29 GMT
    Ohio will allow extra days for hunting mourning doves this year.More >>
    Ohio will allow extra days for hunting mourning doves this year.
    More >>
  • Ohio authorities say 2 killed in small plane crash

    Ohio authorities say 2 killed in small plane crash

    Sunday, July 27 2014 1:38 PM EDT2014-07-27 17:38:30 GMT
    FINDLAY, Ohio (AP) - Authorities in northwest Ohio say two people have been killed in an overnight small plane crash. The Hancock County sheriff's office says the crash apparently occurred at about 1 a.m. EDT Sunday. Investigators were still at the scene Sunday and little other information was available immediately. The plane crashed near a county road just northeast of the city of Findlay. The city has a small general aviation airport, but authorities were still investigating where the plan...More >>
    FINDLAY, Ohio (AP) - Authorities in northwest Ohio say two people have been killed in an overnight small plane crash. The Hancock County sheriff's office says the crash apparently occurred at about 1 a.m. EDT Sunday. Investigators were still at the scene Sunday and little other information was available immediately. The plane crashed near a county road just northeast of the city of Findlay. The city has a small general aviation airport, but authorities were still investigating where the plan...More >>
  • Cincinnati man wins grueling, 135-mile foot race

    Cincinnati man wins grueling, 135-mile foot race

    A Cincinnati man has won what is widely considered the most grueling race in all of running.More >>
    A Cincinnati man has won what is widely considered the most grueling race in all of running.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms