Friday, November 6, 2009

Dairy Price Stabilization Q&A

Question 2: If there is a supply management plan implemented, how would it come about? Would all the nations dairy farms have to agree? What is the likelihood?

Lucas: Many different ways to do something like this - start with getting a bill introduced to congress with a signature by the president. Three years in, have a producer review and vote. The plan would be implemented, and after year three, an outside source would review it. Don't want to wait for farm bill - need something done immediately.

David F: Any proposals would take legislative action and would not be a farmer decision. To be honest, the program national milk is working on now, by the time you get it enacted it would probably be a few years.

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