Milk Prices Rise to Record Highs

[Snazzy]

Source: AP Biz

Milk Prices Rise to Record Highs
By EMMA VANDORE | AP Business Writer
7:55 PM EDT, August 10, 2007

PARIS - Got milk? Well, you're going to need more cash these days to get it.

Growing appetites for dairy in Asia and limited worldwide supply are among a number of factors driving prices of the dairy drink to record highs.

In China and elsewhere in Asia, chains such as McDonald's and Starbucks are introducing unfamiliar taste buds to cheeseburgers and lattes, increasing the region's demand for dairy.

Rising costs of animal feed, shrinking European production and long-standing drought in Australia and New Zealand, the world's largest milk-exporting region, are also pushing up the price.

...

Milk prices hit a record last month in the United States, where consumers paid an average $3.80 a gallon, compared to $3.29 in January, according to the U.S. Department of Agriculture. It forecasts prices will remain high throughout the year.


Read more: http://www.newsday.com/news/nationworld/world/wire/sns-ap-milk-white-gold,0,5430795.story

[sakabatou]

1. Time for SOY milk

[Webster Green]

2. And hemp milk..

It tastes great! Not at all like you might think. It tastes like a vanilla milk shake.

[Triana]

10. That's all I use - soymilk

Tastes great on cereal. They make soy-based coffee creamers too - flavors and all that. You can cook with it, make milkshakes and smoothies with it and ice-cream. There's also almond milk, rice milk, and hazelnut milk. Chocolate and vanilla flavors too.

No reason for cow milk. With all the damned antibiotics and hormones they put into the cows that then ends up in the milk - who needs it?

[Screwfly]

3. WTF

Do they ship milk from the U.S. to China on a SR-72 Blackbird at Mach 3.5 or something?

I buy a pint of milk or cream at the supermarket, and I'm lucky if the shit lasts a couple of days before it goes bad.

[Ediacara]

24. Another reason for this is the corn ethanol boondoggle

More corn is being grown for ethanol which means there less acreage for corn for human consumption (have you seen corn under $0.50 this summer?), and less acreage for livestock feed, which means generally higher dairy prices.

[Purveyor]

4. A 50% increase in egg prices versus what I paid a year ago but don't consider this 50% inflation...

as the feds tell us. Our computer purchase prices have remained stable so inflation is only 2-3%...

BTW...I could buy a dozen eggs at Krogers for .99 a year ago, just last wednesday I paid $1.49...

[lynne]

11. Both chickens and dairy and beef cows are fed corn -

- and the price of corn is skyrocketing due to extra demands of ethanol. Expect any industry using corn in any fashion - including corn syrup as a sweetener - to see price increases.

[Viva_La_Revolution]

17. maybe it will bring back real sugar in food?!!

wouldn't that be wonderful!

I just found a Seattle company that makes 8-10 flavors of soda with real cane sugar; the cream soda is HEAVENLY, just like I remember. :)

[Ediacara]

26. Do you know the name of the company off hand?

[Viva_La_Revolution]

29. Jones

www.jonessoda.com

:)

[Ediacara]

30. Oh, I know Jones :-)

I thought you might have meant just in Seattle. I'll have to buy them more often, thanks!

[Viva_La_Revolution]

28. self delete

[tom_paine]

12. Yep. Food inflation is staggering, currently...

Items like canned soup and other "nonperishables" seem to have risen less, but STILL 10-15% in the last year or two.

Things like meat and milk, up 30-40% in the last two years.

But inflation is low...and unemployment is 4.6%.

Imperial Amerika has finally sunk as low as the Soviets in terms of fabricating statistics. Both inflation and unemployment numbers are useless. I suspect if we got into a 1930s unemployment situation, the national BushNumbers would read unemployment at about 7.5%.

No nation or people can survive for very long, especially not in any kind of freedom, while suckling at the teat of propaganda, misinformation, and Soviet-style lies...

[aquart]

5. Dairy in Asia???

So they've licked that lactic acid problem?

[onewholaughsatfools]

6. well good, i am glad

as we all know milk from cows is cows milk for calf's, not for humans.......blessings

[soothsayer]

7. some of us humans LOVE milk! and cheese and ice cream and cream.

some of youse don't.

[Name removed]

8. Deleted message

Message removed by moderator. Click here to review the message board rules.

[onewholaughsatfools]

9. by the way!!!!!!

what does love have to do with it.......cow milk is cow milk......do you actually know what you are drinking.......the drugs alone will just pump you right up........if you don't care....fine ok with me.......blessings

[Pastiche423]

19. It might help, if you actually knew what you were talking about

Not all cows are given hormones. In fact, my entire state only sells milk w/o hormones.

[Viva_La_Revolution]

18. my genetic make-up loves it

German and European stock mostly, with a smattering of Native American.

The boys and I inhale large quantities of milk, eggs and cheese.

[Hekate]

31. Me too; look to dairying ancestors for lactose-tolerance. Mr H is lactose-intolerant though...

He and I are from somewhat different gene-pools, and his has a prominent strain of adult lactose-intolerance. My own ancestors in Ireland used to prize owning a cow to produce a significant portion of their protein and calcium. Mr H and I come together on cheese, though.

The people of India likewise depend on cow's milk.

Hekate

[Deja Q]

13. Milk - it does not only your body good, but your idols too!

http://en.wikipedia.org/wiki/Hindu_milk_miracle

[humbled_opinion]

14. Milk surpasess oil... My God are we going to invade Switzerland n/t

[leaninglib]

15. It's time to hold Congressional hearings on Big Milk.

[Viva_La_Revolution]

16. I wish we could kick our milk habit...

between cooking, 2 teenage boys and me, we sometimes go through a gallon a day. :( I'm lucky if I can find it for $2.50... It's usually between $3 and $3.50.

[LafayetteTGR]

20. I hope this isn't an idiotic question, but

Are milk prices dramatically different across the country? I live in Louisiana and I haven't seen a gallon of milk under $4.50 in months.

[ohio2007]

21. $ 2/gal can be found here in the corn belt but that may go up

if the feed corn goes to biofuel refineries

[Divine Discontent]

23. count yourself fortunate, we pay 4.50 a gallon...

they're gouging us so bad at the store... we barely get by as it is... your user name is "applying" more and more every day... if this stuff continues for 5-10 more years I am certain of it...

[BamaGirl]

22. $3.80 a gallon!?

Wtf is that?? We've been paying over $5/gal of milk for several months. My kids go through several gallons a week. May be good for them, but it's not for my food budget (which gets scarier every month). :(

[psychopomp]

32. I pay roughly $7.60 a gallon where I live

but that is in Japan, where we also pay more for well, everything.

[Solon]

25. Hey, I thought that rBGH crap was supposed to solve this problem...

instead prices for milk have risen since its introduction into the market, why am I not surprised. :eyes:

[InvisibleTouch]

27. You should see organic milk...

...it's well over $6 a gallon by now. And I love milk, but have had to restrict it to cereal and coffee lately because I just can't afford it otherwise. But I've hit upon a partial solution - there are brands of hormone-free milk that aren't certified organic, but are still better than the conventional milk that's laden with toxins. Cost a bit more than conventional, but less than fully organic. I know Giant Eagle has it (sorry I can't recall the brand name offhand), and I assume other stores do as well.