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Schumer: Cost of milk doesn't 'add up'

A top antitrust investigator will hear concerns this morning about the disparity between the cost of milk in stores and the prices paid to dairy farmers.

Christine A. Varney, assistant attorney general in charge of the Department of Justice's Antitrust Division, will listen to concerns from dairy farmers and consumers about potential anti-competitive practices in the dairy industry during a hearing this morning at Genesee Community College in Batavia.

U.S. Sen. Charles E. Schumer, who he set up the meeting in an effort to reduce pressure on struggling dairy farmers, will also attend.

Dairy prices hit historic lows nationwide last year. That hasn't translated into cheap prices for consumers, however. Milk prices at the stores, Schumer said, have remained relatively high, while the prices paid to dairy farmers have dropped.

"For too long farmers have been receiving rock-bottom prices for their product, while prices have not dropped commensurately for consumers at the stores,” Schumer said in a written statement announcing the event. “It just doesn’t add up."

-- Denise Jewell Gee

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