USDA Commits to Raising Dairy Price Supports

Posted by Brian Gould Thu, 30 Jul 2009 14:33:00 GMT

The U.S. Secretary of Agriculture has committed to temporarily raise the price the federal Department of Agriculture will pay for dairy products, providing the director of the U.S. Office of Management and the Budget approves the move. In a meeting with U.S. Sen. Tom Udall, D-N.M., and other senators Wednesday, Secretary of Agriculture Tom Vilsack agreed to raise the floor for dairy prices through an increase in the Dairy Price Support Program, according to a news release from Udall’s office. Vilsack also said he would encourage federal and private banks to be lenient with dairy farmers with outstanding loans, according to the release.

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