Israel's Cash Cow Comes First

Farmers' incomes dry up as milk prices plunge about 50%

"WEST GROVE, Pa. — Milk prices have plunged by about 50% from the historic highs of last summer, pummeling producers such as Walt Moore, a fourth-generation farmer whose family has worked the rolling fields of southeastern Pennsylvania for nearly a century.
"If these prices stay low through 2009, there's going to be a lot of producers that don't make it," Moore says, noting that several nearby dairy operators have already decided to sell their herds and get out of the business.
While many producers managed to sock away profits early last year, they still might not be able to survive. "This time, the rainy day will last a lot longer than one day," Moore says.
Dairy operations across the country are taking an enormous hit as prices plummet."

US removes import levy on Israeli milk products

"Following diplomatic efforts, President Obama signs memo eliminating import subcharge on dairy products from Israel. Exports of milk products to US totaled $6 million in 2007.

The United States has removed the import subcharge on dairy products from Israel, following diplomatic efforts exerted by the Israeli Embassy in Washington and the Israeli Agriculture Ministry."