Milk Prices Could Rise Dramatically With Fiscal Cliff Failure
CHICAGO, IL – DECEMBER 27: Milk is offered for sale at a grocery store on December 27, 2012 in Chicago, Illinois. Milk prices could spike to $6 to $8 a gallon in January if lawmakers fail to reach a “fiscal cliff” deal and renew a Farm Bill that’s been in place since 2008 and sets the price at which the government buys milk. (