Funding For Dairy Farmers

Tools

Funding For Dairy Farmers

By WBNG News

Governor Paterson is rounding up support for New York dairy farmers.

Paterson says dairy farmers are struggling to cope with a drop in prices and the current recession.

New York Senator Kirstin Gillibrand has proposed legislation that would provide additional assistance.

It would come from the 'Milk Income Loss Contract' program, or MILC.

It compensates domestic dairy producers when domestic milk prices fall below a certain price.

Currently it gives farmers 45% of the difference between the specified price, and current price.

The proposed legislation would temporarily boost the compensation to 90%.

New York is the nation's third largest dairy state, generating 2.4 billion dollars annually.

More Good Stuff

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.

Storm Tracker Weather

Icon
Current Temp 50.0 °F
A Few Clouds
Wind : South at 10.4 MPH (9 KT)
Humidity : 39 %
Pressure : 1018.6 mb
More Weather

Storm Tracker Weather

Stock Quotes

MarketWatch

What's On Tonight

Viewer Poll

What Should Be The Sports OT Game Of The Week?

  • (foot) Chenango Forks vs. Walton
  • (foot) Delhi vs. Groton
  • (bsoc) Vestal vs. Ithaca
  • (gsoc) Union-Endicott vs. Vestal
  • (fhoc) Greene vs. Vestal