Benefits of 'Free Market' Milk

" Welcome back down of milk is hit its lowest price since April of 2004. The total of nine straight months of decline. Good news may be at this horror but bad news. For dairy farmers with joint Jeff Flock now he isn't over -- dairies in north Aurora Illinois. -- more on the milk storage yeah."

" And this is a positive because these guys behind -- so it is every. Story for them this is more than fifty maybe sixty almost 70% of their important cause you're watching those old glass -- still faces a real. Famous one in Chicago because you still deliver milk the people's doors right CEO -- okay absolutely every day after and it's nice day here. The prices could go higher because you're getting a glass bottle and you're getting delivery. That's right like the prices higher because the cost apparently is investigating driver body fuel prices remained. All right now two years ago what -- report. That's right prices of milk chocolate practically double where we are today back here -- News for -- white theories but still kill the wife says you don't like the way this current system. Operates and that is sort of that the price setting system the federal government implemented back in the thirties it's called the -- what does -- the federal waters of yes the federal milk marketing order system didn't tell our viewers what that is he was implemented back in the 1930s that you -- Was to get a -- in short supply of fluid milk all over the country at a reasonably. -- uniform price. It winds up. Enormous subsidy. She's producers because the same old and perfect moment the same -- Can be purchased at different prices it's cheaper for cheeseburgers for -- by the developer. That's exactly right exact same -- quite different based on usage. Rather than the quality of the -- donated his or make any sense at all and it gets really -- consumers they're subsidizing footnote consumers. Which is what you obesity at epidemic in the United States -- Opposite -- always have gone from an economic standpoint. We've got this system that distorts the market pulled on the demand side benefit life if we had free market know right now. What do you see as the downside I mean would that it would it would be cheaper for fluid milk right now. I'm fed that they already had gotten so all of us economy and they gave some winners and losers and so he's. He's going to be in the living side because that -- market distorting effects that are medically -- that's right. The that the major downside I don't maintains that the volatility Brian it was CN prices right now it's taken -- two years ago we had four dollar mil. And now we've got 103 dollar bill in some places you know what. Wars of the supermarkets it's even cheaper than that fell. You'd like to see some of that volatility we're talking next hour about future no future there aren't any right now. You know you're gonna -- CNB next week they do dairy products like butter she. Fluid milk and we'll talk about that next -- Jeff Flock and maybe tomorrow I think she is producer. I got a little. -- on my friend you got the whole cloth made a flock."