Lawmakers Strike Deal on Aid to Dairy Farmers

Discussion in 'Commodity 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.
  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
  4. escorts