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Government Shutdown Fallout: Milk Prices Could Go Up

WASHINGTON, D.C. - The stalemate at our nation's capital could mean higher grocery prices.

WASHINGTON, D.C. - The stalemate at our nation's capital could mean higher grocery prices.

With Congress locked up with the government shutdown and debt ceiling, it's not likely they'll pass a new farm bill and that could mean sharply higher prices for milk, cheese, and butter.

But, the threat isn't imminent.  The prices aren't expected to go up until the new year.

But, if a new bill isn't signed into law by Jan. 1, the U.S. Dept. of Agriculture will be forced back to 1949 laws, forcing the government to pay more for dairy products and that would drive up the cost for everyone.

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