User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


60° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Milk Prices To Go Up In 2014

December 31, 2013, 10:00 PM by Angela Kennecke

Milk Prices To Go Up In 2014
SIOUX FALLS, SD -

It's something almost everyone buys, especially families with children.  But it will cost you more in 2014.

While the lack of a new farm bill threatens to cause a jump in the price of milk, it's going up anyway.

Right now in the diary case, skim milk is $3.50 a gallon, while whole milk is more than $4.00.  But as the ball drops on New Year's Eve, those prices are rising.

"It's all world-wide demand," Bob Trader of Hy-Vee said.

And not politics in Washington.  While the horror story is if Congress can't pass a new farm bill, milk prices could jump to $8 a gallon, it's likely Congress will pass an extension so that doesn't happen.  However, milk prices will go up anyway.

"Last summer there was a drought in New Zealand, which really reduced their dairy herds.  New Zealand feeds Asia with milk, so you're seeing a significant rise in imports from China of U.S. dairy products," Trader said.

The demand from China is one big reason milk will cost you more. 

"You're going to see maybe 10 to 20 cents a gallon affect in the first three months," Trader said.

"I hate to see them go up because I think it's a really important food product for our families.  The children are going to suffer because people will start giving their kids less milk and more water.  They'll find out that sodas are cheaper than the milk," shopper Diana Navin said.

Milk isn't the only dairy product you'll be paying more for at the grocery store.  You can expect to pay more for butter as well.  That's because the U.S. Exported 142 million pounds of butter in 2014.  That is a 60-percent increase. 

But it's not the diary farmers who end up profiting.  Their costs have also gone up. 

"For the producer, it's probably balancing out for them.  And we just have to bite the bullet," shopper Alan Bortnem said. 

For those who continue to drink milk, biting the bullet may last until summer, when demand for milk lessens. 

International demand could continue to increase significantly for US dairy products, as China eases its one-child per family policy.

Follow Angela on Facebook.

Previous Story

Next Story


Comments







Sponsored

 


View business

You may also like

Allegiant Air Pilot Pleads With Tower To Make Emergency Landing

7/29/2015 1:58 PM

An Allegiant Airlines pilot declared a fuel emergency and had to land at a North Dakota airport even though the airport was closed for the Blue Angels...

Full Story
Lick The Spoon Closes East Side Location

7/29/2015 9:53 AM

Just a year after opening on East 10th Street and Bahnson Avenue in Sioux Falls, Lick The Spoon restaurant has closed its doors.  Angela Becker o...

Full Story
Filly Flair Set To Open Sioux Falls Store On Saturday

7/30/2015 5:18 PM

A successful online retailer is opening her first brick and mortar shop in Sioux Falls.

Full Story
Famous Wine Maker Planning Sioux Falls Development

7/29/2015 1:00 PM

Barber tells KELOLAND News while the plans still have yet to be finalized, they call for a couple of apartment buildings with eight to 12 units, as we...

Full Story
Fiat Chrysler To Pay Record Recall Fine

7/27/2015 9:32 AM

The settlement also forces the car maker to repurchase more than half a million Ram pickup trucks built between 2008 and 2012 because defective steeri...

Full Story


Events