We are going to do everything we can do to follow up on the three things that were your top priorities: getting the 15 cents for promotion out of our foreign competitors, making sure we focus on 1542 as a way to have more money in, and…

We all represent dairy States, and we are very worried and concerned for you.

The pricing system simply does not work for America's hard-working dairy farmers.

What, in your opinion, is the net result of these kinds of programs?

The development and expansion of mass transit systems are critical to New Yorkers who take one-third of the Nation's mass transit rides.

Do any of you have comments about his proposal specifically, why you think it would work or why think it would not work?

Thank you, Chairman Boxer, for your leadership and hard work on this very critical legislation.

I am confident that the Clean Energy Jobs and American Power Act is the framework that will do just that.

I'm also interested in the many ways that this legislation prioritizes and incentivizes energy efficiency.

Thank you all for your time and your expertise.

the safety nets need improving; they are not working as well as they need to be.

we are really talking about what are the potential solutions, both short term and long term.

So you would like us to use credit default swaps in the dairy industry?

So you are saying that the lending market may not be readily available because of the outstanding risk, and so that you really need a derivative to hedge that risk specifically for the amount of time that that project may well take to come…

And capital requirements. I want to get to your argument that you thought the reason why we needed to have an OTC market was because there would be no capital requirements.

I want to know your opinion on whether we should develop a regulatory structure for carbon trading that is distinct from other commodities.

Right. So why would it necessarily taste better if it had more protein?

the reason why I question that testimony is because we have the same fluctuation from $19 a hundredweight in February, 2004, through July, 2005, and then back down to $12 by December, 2006.

The current pricing system is simply not working for the hardworking dairy farmers of New York.

We are extremely grateful for your time and your expertise, and I invite you to stay along for the second panel.

Farmers are forced to sell their milk for less than it costs them to produce it.

Is it better tasting though? Is it, Barb?

What happens in California, I am not an expert in this area either, in California, but it is my understanding that the fortification of protein in milk, in Class I, when you ask what are the downsides of something if you implemented that…

That is so soon to see it go from $12 to $24 in a very short time.

There is no question that the dairy industry is in crisis.