Schumer warns dairy prices could double

on Friday, 05 October 2012.

U.S. Senator Charles Schumer warns that milk prices in stores across New York could double if the Farm Bill isn't renewed.  Schumer says the nation will start to revert to 1940s era agriculture policy if a new Farm Bill isn't passed soon. The National Milk Producers Federation says government purchases of dairy products under the outdated law could cause milk prices to rise above $6 per gallon.  The Farm Bill is enacted every five to seven years and provides farm and food policy for America. The 2012 Farm Bill passed the Senate on June 21 by a bipartisan vote of 64 to 35, but it remains stalled in the House of Representatives. The 2008 Farm Bill expired on September 30th.