Skip Nav
Cooking Basics
How to Pack a Perfect Mason Jar Salad
Food Video
This Fidget Spinner Is Made From Actual Pizza
Food Video
Taste the Rainbow With This No-Churn Skittles Ice Cream

Got Milk? You Might Need Some Extra Cash First

Warning milk drinkers, you might want to start tightening those purse strings, the cost of milk is going up. Since January, the price of a gallon of milk has gone up a dollar in California - bringing the minimum retail price for a low-fat gallon of milk to $3.10. Similar pricing issues are being felt across the country and are said to be caused by several factors:

  • High price in the corn-based feed the farmers provide to their cattle.
  • Drought in Australia has challenged their highly exported dairy industry.
  • Fewer supplies coming from Europe due to a cap on dairy subsidies.
  • High demand in Asia and other nations with developing economies.
  • Increased gas prices mean increased delivery costs.

Not worried because you don't drink milk? Think again. This pricing structure might end up effect your lattes, chocolates, and cheeses too.

In May, the Hershey Co. in Pennsylvania revised its 2007 earnings expectations, saying higher dairy input costs are "adversely impacting'' its outlook.

In Seattle, a spokeswoman for Starbucks Coffee Co. said that dairy represents from 5 percent to 10 percent of the company's costs, "and as such will put pressure on our cost structure in fiscal 2007.''

In San Francisco, Todd Parent, chief executive of Extreme Pizza ... said he expects to raise prices $1 per pizza in the near future -- a 3 to 5 percent price increase -- to cover costs.

Something tells me this might be a bad time to develop an ice cream sandwich habit...

Source: San Francisco Chronicle

Join The Conversation
controlledspin controlledspin 10 years
Yeah, I live in PA and milk is already over $3 a gallon.
ALSW ALSW 10 years
Milk here in MD is already around $3. I'm used to it...Sadly enough.
bfly1133 bfly1133 10 years
We have been noticing the increase as well. I am thankful we only have to buy for two people.
crispet1 crispet1 10 years
I heard about this. It kinda sucks.
pattyxxcore pattyxxcore 10 years
Come on Starbucks. For the price of one tall capp, you pay for that whole gallon of milk.
Funny #ThingsThatLeaveBritainReeling Tweets
Megan Couto Becomes First Woman to Captain the Queen's Guard
Is Pro-Yo Protein Ice Cream Good?
Amazon Buys Whole Foods
From Our Partners
Latest Food
All the Latest From Ryan Reynolds