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Article: Chicago Mercantile center rapped in D.C. by farmers.
- Article from:
- Watertown Daily Times (Watertown, NY)
- Article date:
- January 20, 2006
CopyrightCOPYRIGHT 2006 Watertown Daily Times. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Marc Heller
Jan. 20--WASHINGTON -- When the price of a gallon of milk climbs in Northern New York, the first place to look for reasons may be 600 miles away -- in Chicago.
That's where 40-pound blocks of cheddar cheese are traded at the Chicago Mercantile Exchange, the beginning of a complex system that determines the price of milk in the supermarket and how much farmers around the country are paid for milk.
Farmers upset about alleged manipulation of the Chicago Mercantile Exchange came to the nation's capital Thursday to bring the issue to the attention of Sens. Hillary Rodham Clinton and Charles E. Schumer, Democrats of New York, as ...