Thursday, November 05, 2009

Milk Dairy Update 11/5/09

So Steve Kagen promises to help farmers with $350 million.

Time will tell.

"Dairy Update
Class 3/March 10 $15.20
Class 3/January '10 $14.94
Class 3/December 09 $14.70
Class 3/November 09 $13.92
AA Butter $1.42 1/2
Cheddar Barrels $1.52 1/2
Cheddar Blocks $1.55"
AM 1360 WTAQ | wtaq.com

Let's hope the right people, farmers, get the help they need. When it comes to government I can just see a lot of waste and corruption.

From Hobby Farms
"Federal Aid to Help Small Dairy Farmers
Obama approves $350 million in assistance for the U.S. dairy industry.
By Rachael Brugger, Associate Web Editor
November 4, 2009


Courtesy USDA/ Scott Bauer
Washington’s $350 million legislated to help dairy farmers—including those with small farm operations like this one in western Maryland—aims to boost dairy industry profits.
President Barack Obama recently signed legislation providing $350 million in aid to U.S. dairy farmers as part of the Agriculture Appropriations Bill.

“This will get money directly into the pockets of our dairy farmers,” said Congressman Steve Kagen (D-Wis.), one of the bill’s sponsors. “Many of our farms are family-owned small businesses. This will help these families during these uncertain economic times.”" Federal Aid to Help Small Dairy Farmers - Hobby Farms


The remaining $60 million not used for direct assistance will be used by the federal government to purchase cheese and dairy products from dairy farmers to reduce their surpluses.

“These purchases will increase dairy product prices, which will lead to higher milk prices, allowing farmers to sell their milk on the open market for a higher amount, equating to a higher profit margin,” Groveman said.

The dairy products will be given to food banks and nutrition programs as part of the Emergency Feeding Assistance Program, he said.


Speaking of food banks and nutrition programs. Has anyone ever investigated the corruption in food commodities? Trading cheese for beer. Trading dry milk for cash. Trading food for alcohol?

Government gives people food to eat. People take more then they eat, more then they need and trade it for beer, booze, food stamps or cash. Talk about government waste.

People bitch about taxes and then go trade government hand outs.

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