Help for NY Dairy Farmers
State Senator Cathy Young has unveiled new legislation that she hopes will help struggling dairy farmers in New York.
The “2009 Dairy Investment Act” is designed to provide $60 million in immediate assistance to dairy farmers.
The act would provide a one-time direct support payment to New York’s dairy producers using $60 million of stimulus funds from New York’s share of the American Recovery and Reinvestment Act.
Young says milk prices have steadily declined since last summer and are almost 50 percent lower than they were last year, but feed, fuel and fertilizer prices continue to go up.
She says this affects not only farmers, but agribusinesses, processors, banks, veterinarians and others who make up the rural economy.
The “2009 Dairy Investment Act” is designed to provide $60 million in immediate assistance to dairy farmers.
The act would provide a one-time direct support payment to New York’s dairy producers using $60 million of stimulus funds from New York’s share of the American Recovery and Reinvestment Act.
Young says milk prices have steadily declined since last summer and are almost 50 percent lower than they were last year, but feed, fuel and fertilizer prices continue to go up.
She says this affects not only farmers, but agribusinesses, processors, banks, veterinarians and others who make up the rural economy.
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