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Saturday, August 29, 2009

Dairy Farmers Losing Money Every Day--Many Ready To Quit

Dairy rally draws crowd of more than 150

By Justin Head

Hornell Evening Tribune
Canisteo, N.Y. -

Dairy farmers from several western New York counties and as far as central Pennsylvania who are worried about losing their farms attended a dairy rally at the Canisteo American Legion Friday afternoon and discussed the Federal Milk Marketing Improvement Act of 2009.

A group of more than 150 dairy farmers, their family members, a handful of local officials, farmer union leaders and Congressman Eric Massa, D-29, addressed the audience and talked about the act. The proposed legislation, brought forward by Sen. Arlen Specter, D-Pa, and Sen. Robert Casey Jr., D-Pa., would change the amount farmers are paid for milk to the national average cost of production, eliminate reference to the Chicago Mercantile exchange in determining milk prices paid to dairy farmers and encourage new dairy farmers to produce milk by allowing them to be exempt from inventory management costs in their first year, among other things.

Massa agreed action needs to be taken.

“Because we have married ourselves to a free trade system that gives everything away and does not protect our consumers the international market collapsed and here we are sitting on huge surpluses,” Massa said. “By the way, you saw the price of milk at the producer drop by 50 percent, but we never saw the price of milk in retail drop that much. Now, somebody is making a hell of a lot of money, and candidly, it is not much different then we saw in the petroleum industry. The price of crude went from, what was it, $140? To $50 a barrel and yet the prices at the pump did not drop that same ratio.”

He said he supports stabilizing the market, and the creation of a new price floor. More...

1 comment :

Anonymous said...

Go Dairy Farmers! I'm glad someone is bringing attention to your plight. You need fair milk prices! Got Milk?!