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View Diary: Farm bill still languishes in House, despite House/Senate committee agreement (118 comments)

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  •  I am confused, so we subsidize the dairy industry (5+ / 0-)

    to the point that if it were pure market forces at play milk prices would double and triple?  Why so much???????

    •  Good question (6+ / 0-)

      And I would add this: the double and triple isn't coming from pure market forces.  That's just a reversion to an old government price-support formula.  What would milk cost  at just market forces?  Who knows.

    •  We are subsidize corporate farms, this started out (2+ / 0-)
      Recommended by:
      MPociask, progressivevoice

      as supports for small dairy farmers but they almost don't exist.  They are just threatening us to get what they want.  We no longer need farm supports for big corporate farmers.  The weather and big corporate farms are killing the small farmer, not the market and not this farm bill.  

      •  Exactly (1+ / 0-)
        Recommended by:
        progressivevoice

        Richard Nixon's agriculture secretary told farmers back in the 1970's, "Go big or get out."  That has been US policy ever since.  Very large farms are now responsible for over half of the nation's production.  Family farmers are a nuisance that the drivers of farm policy would rather not deal with.  Luckily small farms are now growing in number, seemingly in spite of official policy.

    •  I found this (1+ / 0-)
      Recommended by:
      pistolSO
      Dairy programs are in turmoil.  Milk payments to farmers ended in September.  The dairy price support program ends on January 1.   Under the 1949 law, government-supported prices would be about four times higher than current law and about twice as high as current market prices.
      link
      From this, I'm not sure if milk prices would be more or less than they are currently if there was no price support program.

      It sounds like under the 1949 law, the government will be buying milk at $8 per gallon, and, if there's no market for milk at those prices, dumping the excess (school lunches? making cheese?).

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