WASHINGTON DC – Now we have real reason to cry over spilled milk.
Milk is expensive! The price is up 7.5% from this time last year and the highest it’s been since 2011.
China is mostly the one to blame here. Their milk demand has gone way up, and as our exports increase, our own supply decreases, making American consumers have to pay more.
But even though you’re paying more, our economy benefits when they pay their milk tab to us.
The USDA says dairy-farming is one of the few bright spots in commercial agriculture this year.
These high milk prices may continue for a while, but bare with it. It does our country’s body good!