Lawmakers Strike Deal on Aid to Dairy Farmers

Discussion in 'Ag Futures' started by Billy Thunder, Sep 30, 2009.

  1. Sounds like they need speculators to drive up prices.

    WASHINGTON--Lawmakers from dairy-producing states announced agreement Wednesday on $350 million in aid for struggling milk farmers.

    Some $290 million would go for direct support of dairy farmers under a program to be devised by the Agriculture Department, according to Rep. David Obey and Sen. Herb Kohl, both Wisconsin Democrats. An additional $60 million would cover purchases of surplus cheese and other dairy products in hopes of raising prices. Food banks and other nutrition programs would get the goods.

    http://online.wsj.com/article/SB125432387654152817.html?mod=WSJ_hpp_MIDDLTopStories
     
  2. You'll start seeing TV ads from Burger King and Pizza Hut showing new products that have triple-cheese and quadruple-cheese on them. :cool:
     
  3. Funny thing is McDonald's changed their $1 McDouble to one piece of cheese. Another piece of cheese is gonna cost you 20 cents extra, I feel so wronged :D
     
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