date:Dec 10, 2012
ld formulas today would require the federal government to buy up enough milk to establish a minimum wholesale price more than double its current level, and, later on, enough wheat to raise its price by 67%.
No one really expects Congress to plunge taxpayers into this agriculture abyss. When the previous farm bill was about to expire in 2007 the first of several temporary extensions was passed just days before the government would have had to intervene in the dairy market. Frank Lucas, the Repub