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Milk Could Go Up 60 Cents a Gallon (Put the blame right on cheese)
NBC News ^ | 2/18/14 | Ben Popken

Posted on 02/18/2014 4:14:21 PM PST by Libloather

Dairy analysts estimate store milk prices could go up 60 cents in March, reaching their highest ever.

"The cupboards are dry," said dairy economist Mary Ledman.

Blame cheese. Short supply pushed cheese to a new peak in January, going from $1.80 to $2.36 a block. That jump is driving the March increases for "fluid milk."

Moreover, in early 2013, farmers responded to higher feed costs by cutting back on herd growth. Coupled with growing international appetite, especially from China, that's led to tighter supplies and higher prices.

(Excerpt) Read more at nbcnews.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: cheese; gallon; milk; snow
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To: GeronL

Milk, water, milkfat, whey, milk protein concentrate, whey protein concentrate, sodium phosphate; contains less than 2% of: salt, calcium phosphate, lactic acid, sorbic acid as a preservative, sodium alginate, sodium citrate, enzymes, apocarotenal (color), annatto (color), and cheese culture.

[courtesy Wikipedia]

The milk protein concentrate means Uncle Sam forbids it to be called a cheese. So it’s called a cheese something.


21 posted on 02/18/2014 5:00:52 PM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you. See my page.)
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To: bert

Ah, but overall annual global warming emission per gallon may be lower than for milk, due to cow flatulence factor. We need a proper net carbon/methane balance analysis, but I think beer will win.

I suspect that you may be able to sell carbon credits for beer consumption. Stranger arguments have been made after all. If you end up making money of this tip, you’re welcome !


22 posted on 02/18/2014 5:01:19 PM PST by buwaya
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To: Libloather

Farmers face higher feed costs mostly because of government rules / regulations. Ethanol, made mostly from Corn in the US, is highly subsidized because it is an “alternative, renewable” fuel. Corn farmers get more money from ethanol corn than food corn. Hence, less food corn, causing less supply, increasing cost. Why do we have to go through this every time? The principle of supply and demand never changes.


23 posted on 02/18/2014 5:41:46 PM PST by Dapper 26
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To: buwaya

Beer is probably healthier for adults anyway.”

When my daughter was pregnant she had a real problem keeping anything down during most of the nine months. Her OB-GYN did recommend that she drink one glass of beer every day. Seemed to do fine after that. Mom and baby, now 23, were fine. And no, it didn’t turn the baby into an alcoholic. As a matter of fact, he rarely drinks and doesn’t care much for beer.


24 posted on 02/18/2014 5:42:50 PM PST by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: Libloather

wont this only affect “The Children” who eat three boxes of cereal a week?


25 posted on 02/18/2014 5:56:02 PM PST by Cruz_West_Paul2016
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To: buwaya

I was in the Chinese countryside and saw NO cows - the countryside was white with ducks - a sea of white ducks. It is only this duck that is used to make Peking Duck. A guide told me the chef can take all the bones out of this particular type duck through a wing.


26 posted on 02/18/2014 6:30:50 PM PST by Marcella ((Prepping can save your life today. I am a Christian, not a Muslim.))
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To: HiTech RedNeck

Milk prices here in Wisconsin have already jumped almost a dollar in the last couple months.


27 posted on 02/18/2014 6:39:20 PM PST by virgil
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To: virgil

It has to be that Chinese cheese.


28 posted on 02/18/2014 7:02:16 PM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you. See my page.)
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To: virgil

I noticed that here milk and gas are finally the same price.


29 posted on 02/19/2014 8:21:29 AM PST by sheana
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To: sheana

For awhile, just recently, gas was cheaper than milk.


30 posted on 02/19/2014 12:05:31 PM PST by virgil
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