Schumer: Lawmakers Must Act To Prevent Massive Potential Increase Of Milk Prices

NEW YORK – The price of a gallon of milk could skyrocket if the Farm Bill is not renewed by the end of the year, according to Democratic Sen. Charles Schumer.

Schumer held a news conference in front of a Manhattan supermarket on Sunday to urge his fellow lawmakers to act quickly on the bill, which expires today.

“It will not just go up 10 cents or even a dollar but actually double. My favorite food is cold cereal so I use a lot of milk. Love milk and I love cold cereal and the shame of it all is it’s avoidable. There is no need for this to happen,” Schumer told reporters including 1010 WINS’ Glenn Schuck.

If the measure is not renewed, Schumer said economists estimate milk prices could double in New York by January 1st.

To read the rest of the story, please go to: CBS New York