Article updated: 12/18/2012 6:36 AM

Farmers worry about dairy prices as deadline nears

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As the nation inches toward the economic ìfiscal cliff,î anxiety is growing in farm country about a separate looming deadline, one that reaches into the dairy industry and, indirectly, into the household budgets of consumers who buy milk and cheese.

Associated Press

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As the nation inches toward the economic "fiscal cliff," anxiety is growing in farm country about an obscure tangent of the Washington political standoff that reaches into the dairy industry and, indirectly, into the household budgets of consumers who buy milk and cheese. Little noticed in the struggle over major looming tax increases and spending cuts is that the outcome could also affect the farm bill, on which Congress didn't complete action this year after it expired in September.