Milk Prices Plummeting

1 decade 1 year 9 months ago Thursday, March 29 2007 Mar 29, 2007 Thursday, March 29, 2007 6:11:48 PM CDT March 29, 2007 in News

Overproduction of milk in the U.S. is dropping prices at grocery stores, including Jefferson City's Hy-Vee.

"We've seen milk decrease in the past three months, anywhere from 15-25 cents per gallon," said Rod Dolph, Hy-Vee store director.

The U.S. Department of Agriculture reported a steady rise in milk production over the past eight years, increasing the nation's supply while decreasing prices.

But, not everyone is pleased to pay less.

"It's good for the consumers but not for the farmer because you need a profit to make a living," said Norma Farley.

University of Missouri research showed dairy farmers lost nearly $7 for each 100 pounds of milk they sold in the past two years.

Despite lower prices, Dolph said Hy-Vee customers have not been buying more milk.

"Milk is a necessity just like gas," he said. "They buy it whether it is high or low."

Hy-Vee suppliers anticipate milk prices will stay about the same for the next six months. Cheese production is aso up, but Hy-Vee has not seen a drop in cheese prices and does not anticipate one in the near future.

More News

Grid
List
COLUMBIA - The Broadway Diner is eliminating its late night service in an effort to keep a "family friendly" atmosphere.... More >>
1 hour ago Sunday, January 20 2019 Jan 20, 2019 Sunday, January 20, 2019 2:28:00 PM CST January 20, 2019 in News
CHICAGO (AP) — Activists and others who were disappointed by the outcome of two historic cases involving the killing... More >>
8 hours ago Sunday, January 20 2019 Jan 20, 2019 Sunday, January 20, 2019 7:23:00 AM CST January 20, 2019 in News
FULTON - The McDonald's on Business 54 was evacuated Saturday evening after a man threatened to shoot everyone, police said.... More >>
15 hours ago Sunday, January 20 2019 Jan 20, 2019 Sunday, January 20, 2019 12:29:00 AM CST January 20, 2019 in News
HOLTS SUMMIT - The weather conditions on Saturday made it difficult to put out a two-story house fire, firefighters said.... More >>
16 hours ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 11:10:00 PM CST January 19, 2019 in News
BOONE COUNTY - Firefighters say no one was injured after a house fire Saturday evening on North Jennings Road near... More >>
16 hours ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 10:59:00 PM CST January 19, 2019 in News
MOBERLY - The Moberly Police Department is investigating a potential threat to Moberly Middle School. In a post on... More >>
19 hours ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 8:00:00 PM CST January 19, 2019 in News
COLUMBIA - Finally something other than snow and clouds will be in the sky, a lunar eclipse! The only total... More >>
20 hours ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 7:08:00 PM CST January 19, 2019 in News
COLUMBIA - Dozens of marches and rallies were held across the nation Saturday, including one in mid-Missouri. This weekend... More >>
20 hours ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 6:35:00 PM CST January 19, 2019 in News
ROCHEPORT – A professional bull rider who lived in Rocheport died Tuesday evening during a competition in Denver. Mason... More >>
22 hours ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 5:15:00 PM CST January 19, 2019 in News
STE. GENEVIEVE, Mo. (AP) — Missouri roads officials say a 15-vehicle crash has blocked a section of Interstate 55 on... More >>
22 hours ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 5:02:11 PM CST January 19, 2019 in News
(CNN) -- President Donald Trump proposed extending protections for Deferred Action for Childhood Arrivals recipients and individuals with Temporary Protected... More >>
23 hours ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 3:51:44 PM CST January 19, 2019 in News
WASHINGTON (AP) — Seeking a shutdown solution, President Donald Trump was expected to announce Saturday that in exchange for money... More >>
1 day ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 2:34:46 PM CST January 19, 2019 in News
DOVER AIR FORCE BASE, Del. (AP) — A solemn procession. A long salute. A chaplain's prayer. President Donald Trump... More >>
1 day ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 2:12:13 PM CST January 19, 2019 in News
KANSAS CITY (AP) — Now that Missouri is entering the medical marijuana industry, two Democratic lawmakers from Kansas City want... More >>
1 day ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 11:33:37 AM CST January 19, 2019 in News
INDEPENDENCE (AP) — A 36-year-old woman who worked for a subcontractor at the Lake City Ammunition Plant in Independence admitted... More >>
1 day ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 10:09:12 AM CST January 19, 2019 in News
SUNRISE BEACH - One man is dead after an ATV crash early Saturday morning. According to an online crash... More >>
1 day ago Saturday, January 19 2019 Jan 19, 2019 Saturday, January 19, 2019 8:29:00 AM CST January 19, 2019 in News
ST. LOUIS - A Missouri man was one of the four Americans killed by a suicide bomber in Syria on... More >>
1 day ago Friday, January 18 2019 Jan 18, 2019 Friday, January 18, 2019 7:49:00 PM CST January 18, 2019 in News
COLUMBIA - Animal control is urging pet owners to keep their pets inside or in a safe shelter during the... More >>
1 day ago Friday, January 18 2019 Jan 18, 2019 Friday, January 18, 2019 5:02:00 PM CST January 18, 2019 in News
Columbia, MO
Broken Clouds 15°
4pm 15°
5pm 16°
6pm 16°
7pm 17°