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Posted: Friday, 05 October 2012 7:02AM

Price Per Gallon May Go Up But Not For Gas



WHATCOM, Wash. -- Experts say it’s possible the price of milk could skyrocket, now that congress has allowed the federal “farm bill” to expire.

The spending measure provides subsidies for a long list of agricultural industries including dairy – the biggest piece of agribusiness here in Whatcom County.

Without the farm bill, Northwest Dairy Association Chairman Jim Werkhoven says prices could potentially double.

He says while farmers may want higher prices, long-term it’s as bad for them as it is for consumers.
 


Werkhoven says he believes it’s very unlikely a price spike will happen, and he’s holding out hope that lawmakers will at least work out a temporary measure to cover until a new farm bill is passed.

He says both Republicans and Democrats are to blame for the haggling that blocked the bill’s passage.

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Topics : Business_FinancePolitics
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Locations : Whatcom County
People : Jim Werkhoven