Posted: Feb 19, 2014 5:36 PM by Alexandra Pierce, KOMU 8 Reporter
Updated: Mar 3, 2014 12:18 PM
COLUMBIA - Grabbing a gallon of milk at the grocery store could hurt your wallet come March.
NBC reports that dairy analysts estimate store milk prices could go up 60 cents next month reaching their highest cost to date. The average price of milk is $3.50 per gallon.
Strong global demand has led to increased exports of U.S. dairy products in recent months. This increase has generated more money for dairy farmers but could also result in price hikes of up to 20 percent in some stores.
Joe Horner a dairy economist said there's a number of reasons why prices might go up.
"The demand shock has come from China, Asia and northern Africa, we've seen a really strong export demand this year. We're now exporting milk from one in six cows in America," Horner said.
He also points to the drought in California as a reason for why consumers might see a price increase.
Production of alfalfa which is a key feed for cows has been affected by the drought out west.
Cheese is also to blame. A short supply caused cheese to jump from $1.80 to $2.36 a block in January. That increase is another driving force for the March spike in milk prices.
Horner said it's unsure how long prices will stay high. He said a lot of it depends on when the West gets rain but eventually the prices will cycle.
Reuters reports the trend is reversing itself and price spikes should be short-term.
Posted 12:02 PM 11/25/2015 by Steve Dawson, KOMU 8 Reporter
COLUMBIA - Cooking grease can cost homeowners money if it's improperly disposed of.
This holiday season, Missouri American Water is launching a state-wide campaign to "can the grease."
Instead of pouring cooking grease down the drain, the organization urged residents to put used (More)
Posted 3:49 PM 11/25/2015 by Ashton Day, KOMU 8 Digital Producer
MOBERLY - A Moberly clothing store held its grand reopening Wednesday night, two weeks after a fire damaged its previous building.
The Nov. 7 arson fire caused extensive smoke damage to Encore, a women's clothing shop.
Two other businesses closed due to the fire. Duval (More)
Posted 1:53 PM 11/25/2015 by Ashton Day, KOMU 8 Digital Producer
COLUMBIA – The Columbia Daily Tribune announced on its website Wednesday that it’s Black Friday edition was too big.
The large amount of Black Friday ads prevented the Tribune from being able to package through its inserting equipment. Staff members had to package the paper by (More)
Posted 1:51 PM 11/25/2015 by The Associated Press
ST. LOUIS (AP) — A judge heard testimony as he considers lifting the St. Louis Zoo policy that prohibits patrons from entering the zoo with guns.
The St. Louis Post-Dispatch reports that St. Louis Circuit Judge Joan Moriarty issued a temporary order on June 12 upholding the ban (More)
Adv. - more news below
Posted 1:48 PM 11/25/2015 by Annisa Budiman, KOMU 8 Reporter
COLUMBIA – Mizzou students in support for Planned Parenthood are struggling to start a conversation with MU Interim Chancellor Hank Foley on the decision for Planned Parenthood to stop providing safe abortions.
Jordan Hoyt, a member of the group, said their effort to schedule (More)
Posted 1:11 PM 11/25/2015 by Kolbie Satterfield, KOMU 8 Reporter
COLUMBIA - MU Health Care’s new Low-Intervention Birthing Program welcomed its first baby on Monday Nov. 23. Deacon Markijohn was born to the first family that to use the new program.
The rooms at University of Missouri Women’s and Children’s Hospital allow (More)
Posted 10:32 AM 11/25/2015 by Matt Johnson, KOMU 8 Content Manager
COLUMBIA - In a conference call with reporters Wednesday, Planned Parenthood of Kansas & Mid-Missouri CEO Laura McQuade addressed the news late Tuesday the Columbia clinic would no longer perform medication induced abortions. McQuade said the organization is considering legal action in (More)
Posted 11:55 AM 11/25/2015 by Ashton Day, KOMU 8 Digital Producer
COLUMBIA – The University of Missouri Police confirmed it gave documents regarding MU Assistant Professor Melissa Click to the Columbia City Prosecutor.
The Columbia City Prosecutor is reviewing the documents to determine if charges should be pressed against Click for actions during (More)
Adv. - more news below
Posted 9:16 AM 11/25/2015 by Tim Schmidt, KOMU 8 Weathercaster
COLUMBIA - A rainy Thanksgiving, with possible record setting rainfall amounts, is forecasted for mid-Missouri this year.The 100-year old record for Columbia, 1.32” set in 1915, is in jeopardy as a large storm system is set to impact the Midwest over the Thanksgiving holiday. (More)
Posted 9:17 AM 11/25/2015 by The Associated Press
WEBSTER GROVES (AP) — A Webster Groves police officer has been struck in the legs by a vehicle as he investigated another accident.
The St. Louis Post-Dispatch reports that a vehicle struck the officer's SUV from behind and pushed it into his legs around 6:30 p.m. (More)