Good Morning!
Wonder what is making the price of milk go up,on local news they said the price of a gallon of milk will be $5.00 by Christmas, it is $3 plus now (?)
they than compared that to a gallon of gasoline......:)
There is more than likely a link between the requirement to sell more ethanol-enriched gasoline (what once upon a time used to be called gasahol) and the price of milk.
Have you noticed that corn isn't making its usual seasonal drop in cost? Or at least not as much?
Corn is being moved into the gasoline world to stretch the supply coming out of refineries.
Problem is, the ability to produce corn, while it can grow, can only grow so fast. Until then, supply and demand is driving things. So corn becomes more expensive.
And corn is part of the feed grain for cows. So, the product of cows--milk--will go up too.
A gallon of moonshine whisy coast 2.50 a gallon, THAT stuff will run anything.
What’s making the price of milk go up? The price of oil to print the ingredients, the plastic the milk is in, the transportation to and from the diary to the wholesaler to the market. The price of transportation of food for the cattle, the price of transportation to the silicone fields to make the bottles, the energy to liquify the silicone (sand) to make the bottles. It all adds up.