$7 milk a possibility as Congress heads home for Thanksgiving
WILMINGTON, NC (WWAY) — A trip to the super market could cost a lot more next year unless Congress gets to work soon.
Congress left for Thanksgiving break without passing the Farm Bill. If Ccongress does not pass the bill before Jan. 1, it may cause prices of staples like corn, soybeans and wheat to soar.
“An increase in those animal feeds can cause a price cause an increase in the final product and could make it harder for our local farmers to make their livelihood,” said Kathryn Waple, produce and meat manager at Wilmington’s Tidal Creek Co-op.
This means products like milk, which costs about $3.50 a gallon now, could double to about $7 a gallon if Congress does not take action.
“We have a lot of subsidies that are really not appropriate for this day and time, and I look more towards local solutions to these rising costs,” shopper Casey McCreery said.
Perhaps the biggest sticking point for the farm bill is funding for food stamps. The House wants to cut $40 billion in funding over 10 years forcing about 14 million people from the aid program. The Senate version of the farm bill would cut about $4 billion by targeting fraud and abuse.
Rep. Mike McIntyre (D-7th District) is a senior member of the House Agriculture Committee and a proponent of the Farm Bill. He was in wilmington today for a series of events, but when we tried to talk with him, he said he did not have time to talk until later in the day in Elizabethtown.
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