BUSINESS
11/26/2013 08:37 am ET Updated Jan 26, 2014

You Could Soon Be Paying $7 For A Gallon Of Milk

FILE - This Dec. 4, 2012, file photo shows gallons of milk arranged at a Milwaukee grocery store. This week the Senate resume
FILE - This Dec. 4, 2012, file photo shows gallons of milk arranged at a Milwaukee grocery store. This week the Senate resumes debate on the almost $100 billion-a-year, massive, five-year farm bill that would set policy for farm subsidies and food stamps. The bill covers everything from protecting environmentally sensitive land to international food aid to rural communications services. The House is expected to consider their version in June or July. (AP Photo/Dinesh Ramde, File)

Congress went home for Thanksgiving break without passing a farm bill. If the bill drags out beyond New Year's Day, it could send milk prices soaring to $7 a gallon.

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