NY dairy farmers to benefit from federal assistance

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NY dairy farmers to benefit from federal assistance

Story Created: May 9, 2008 at 3:18 PM EDT

Story Updated: May 9, 2008 at 3:18 PM EDT

ALBANY (AP) - Gov. David Paterson says millions in federal funds will be directed to New York dairy farmers so they can continue to benefit from a milk price support program despite rising feed costs.

The federal Farm Bill will include a renewal of the "feed cost adjuster amendment," which manages how much assistance farmers get under the Milk Income Loss Contract program.

MILC provides assistance when milk prices are low, but the feed
amendment adjusts that when milk prices are driven up by expensive
feed.

New York dairy farmers received $230 million in assistance during the five-year life of the previous federal farm bill.

Paterson says without this amendment, farmers would receive nothing.

New York State's 6,200 dairy farms generate $2.4 billion.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

4:04 PM Thank goodness wrote ...

Give these people something. When I was young (30 at present) it seemed that my parents were some of the few that weren't farmers in my area now there are next to none.

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Friday, May 9 at 4:32 PM jane wrote ...

This would be a great thing for the local farmers if the new Farm Bill legislation gets passed by the President. There are many other variables that affect the Farm Bill that the President isn't in favor of and has already said he will veto when it comes across his desk. So for now the Farm Bill just keeps getting extended and we are now in the seventh year of a five year Farm Bill.

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