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Are milk prices about to double?

Posted at 7:58 PM, Oct 02, 2012
and last updated 2012-10-02 22:35:15-04

The dairy industry encourages us to drink milk for strong bones, but a carton could cost you more starting next year.

Congress went on its five-week election break without passing a farm bill.

The bill gives much-needed aid to farmers to help them feed their cows. It’s needed more than ever this year because the drought has caused a shortage of corn feed.

And suppliers are charging more for what is available.

If lawmakers don’t pass a bill before December, milk prices could double to $6 a gallon by January 1st of next year.