Dairy

‘Dairy Cliff’ Averted with 9-month Extension
‘Dairy Cliff’ Averted with 9-month Extension
A deal approved by the U.S. Congress late Tuesday to avoid the automatic tax hikes and spending cuts known as the "fiscal cliff" also includes measures to avert the "dairy cliff" -- a steep increase in milk prices. The tax agreement contains a 9-month fix for expiring farm subsidy programs by extending a 2008 farm law. That gives lawmakers time to come up with a new 5-year repl