[B][/B]"Congress is poised to go home for the holidays without passing a new farm law, which should mean milk prices will double on Jan. 1. That isn’t going to happen.
The lapse in legislation means the nation will revert to a 1949 dairy program, though Agriculture Secretary Tom Vilsack said it will take at least a month for his agency to put the rules in place.
“It is unlikely, given the complexity of what will be required to implement the law, that we would have that in place through the month of January,” Vilsack told reporters in a conference call yesterday."
Milk Price Surge Delayed Even as Congress Fails to Act - Bloomberg