There's no use in crying over spilled milk, unless that gallon cost you $8.
If federal legislators can't agree on a farm bill by January 1, we could spill over the "dairy cliff," and end up paying more for milk.
Dairy farmers get financial support from the government. Without that, a gallon of milk could cost anywhere from $6 to $8.
But Jay House, deputy secretary of Regulatory and Consumer Affairs with the Pennsylvania Department of Agriculture, said that does not mean you need to rush out to the store and stock up on milk.
"There's no reason for panic," said House. "It'll be disruptive, but in the long term, the market will settle out."
Another problem to consider, without a farm bill deal, prices of all other dairy products would go up, too.
House said he is confident Pennsylvanians will not see prices sky rocket. But even if they do, there won't be changes right away -- and they won't last forever.
"It's hard to envision a situation where this worse case scenario would endure for very long. There would have to be a remedy," said House. "Destroying the market is an exaggeration. Disrupting the market is a more accurate word to use."
If lawmakers do not come to terms on a new bill by January 1, they could also vote to extend the old one and buy some time.
Tuesday, September 16 2014 4:43 PM EDT2014-09-16 20:43:34 GMT
By MICHAEL RUBINKAM Associated Press The killer had a grudge against the Pennsylvania State Police, regularly visited a local shooting range to keep his skills sharp, and picked just the right...More >>
Hundreds of law enforcement officers fanned out across the dense northeastern Pennsylvania woods Tuesday as they tracked a survivalist with two high-powered rifles and a grudge against police, identified as the gunman who...More >>
Monday, September 15 2014 5:42 PM EDT2014-09-15 21:42:32 GMT
By MICHAEL RUBINKAM Associated Press A funeral will be held Thursday for a Pennsylvania State Police trooper who was killed in an ambush outside his barracks.More >>
By MICHAEL RUBINKAM Associated Press The gunman who ambushed two Pennsylvania State Police troopers outside their barracks, killing one, used a rifle and might have had formal firearms training through...More >>