Tuesday, March 31, 2009
How To Misunderstand USDA
The Obama Foodorama figures the taxpayer is paying thrice for the non-fat dry milk Vilsack announced the other day. Because their sources specify the NDM is being moved from CCC inventory to the school lunch program (FNS), I don't see how they misunderstood this, but they did. I guess it helps to have some background in the area. Buying milk products is the basic way USDA supports milk prices. Moving the NDM from CCC to school lunches reduces the stockpile but doesn't have much impact on prices.