Dairy prices could be on the rise - CBS46 News

Dairy prices could be on the rise

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MILWAUKEE, MN (AP) -

Six dollars a gallon for milk? Some farmers and consumers fear it's possible if Congress doesn't take action soon on a farm bill.

The old one expired in September. The agriculture industry is hoping farm legislation can be added to any fiscal package before the end of the year or that the existing law could be extended.

If not, the way milk prices are set reverts to a 1949 law, which would see dairy prices surge.

Copyright 2012 Associated Press.  All rights reserved.

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