Transcripts for CNN CNN Newsroom 20131205 15:41:00 : compare

CNN CNN Newsroom December 5, 2013 15:41:00

the problem is that they would buy milk prices at double the rate. if congress doesn't come to an agreement by january 1st, that is what you may see happen and it may reduce the quantity of milk seen in stores. the average price of a gallon of milk is $3.47. you may see that price rise as much as $7 a gallon. anything that contains milk, butter, cheese, those price could also rise and also other commodities like corn and soy and wheat and that kind of thing. >> now you would think that congress would have a political motivation to pass the farm bill f that happens, people will be really mad. >> not only will people be mad but even move away from milk and find alternatives. the bottom line is that a lot of people are saying that congress is definitely motivated to pass this bill, especially because nobody wants consumers to pay up to $7 a gallon for milk. here is the problem. the farm bill in and of itself

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