:. Food Industry News


Dairy Farmers Ask Obama for Aid as Milk Price Sags

Source: Reuters
20/03/2009

Washington, March 20 - A dairy group on Thursday asked the Obama administration to respond to a plunge in milk prices by subsidizing U.S. dairy exports and buying dairy products for donation to poor Americans.

Daily News Alerts

The National Milk Producers Federation says the average cost to produce milk in January exceeded the price of milk by 25 percent.

"In simplest terms, the nation's dairy farmers are facing an economic disaster," federation President Jerry Kozak wrote in letters to the president and high-level officials.

The letter suggested activation of the Dairy Export Incentive Program, an export subsidy, "for a short period of time to a limited number of markets."

It also suggested use of dairy price supports and purchase of dairy products "to provide food to schools and the expanding needy population in our country."

An Agriculture Department spokeswoman was not immediately available for comment.

USDA forecasts an all-milk price of $11.55 per 100 lbs of milk this year, compared to $18.32 in 2008.



GO   View more articles on this subject

Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
US Dairy Group to Cull More Cows to Aid Milk Price
U.S. Group Completes Largest Dairy Cow Buyout
US Subsidizes Some Dairy Exports, Blames EU Action
US Milk Industry Unites to Pan Proposed Tax on Chocolate...
US Dairy Group to Trim Herd as Milk Prices Tumble
Returns Exceed Costs For Dairy Producers In 2007, Profit...
U.S. Cheese, Milk Prices Tumble from High Levels
Dean Foods to Close Dairy Plant in Pennsylvania
U.S. Dairy Exports Grow in 2007, More Likely in 2008...
EU, U.S. Dairy Industry Clash over Import Tax

More in Food Industry News
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
Brenntag Changes 2.5 Bln Euro Loan to Allow IPO
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Ferrero, Hershey Would Likely Break up Cadbury
Indonesia's Astra Agro Revises Up CPO Forecast
Cocoa Supplier Olam to Benefit from Consolidation Among...

Top Headlines
Procter & Gamble Repurchasing Shares, Quiet on...
US Shoppers Going Green Despite Struggling Economy
Wessanen Sells Liberty Richter to World Finer Foods
Cheesecake Factory Sticks to 2010 Forecast
European Commission Refers Greece to ECJ over Unjustified...
JM Smucker's Quarterly Net Income Increases 172%
Cocoa Supplier Olam to Benefit from Consolidation Among...
Avebe and National Starch Food Innovation to Expand...
Auchan Backs Hypermarkets as Rivals Rethink
Ferrero Could Eye Cadbury Gum, Candy Unit
Dole Food Posts Wider Q3 Loss
Fonterra Sells Stake in UK Joint Venture to Arla
Imperial Sugar Company Closes Three-Way Joint Venture...
PepsiCo to Invest $100 Million in Egypt in 2010
Ex-Parmalat Auditors Settle US Investor Lawsuit
Tesco in Broadband Push as Reaches Beyond Groceries
India Sugar Protest Forces Parliament to Shut
Kerry Group Keeps Full Year Earnings Growth Forecast
Nestle Professional to Acquire Vitality Foodservice
Pinnacle Foods Acquires Birds Eye Foods for USD 1.3...
DSM Makes Great Strides in Production Processes for...
Russian Grocer X5 Plans Higher 2010 Capex
Brazil: Laep in Talks to Sell Dairy Plant to Nestle
SunOpta Announces Opening of Natural and Organic Sesame...
Products Comprising, and Uses of, Decarboxylated Phenolic...
Process for the Preparation of Packaged Heat-Preserved...


 


FLEXNEWS 2009 - All rights reserved
ISSN 1950-6228