Milk Prices Expected To Jump 10-20% - KMPH FOX 26 | Central San Joaquin Valley News Source

Milk Prices Expected To Jump 10-20%

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Too bad milk expires. Right now would be a good time to stock up.  Milk prices are expected to hit record highs next month which could make your breakfast bowl of cereal a lot more expensive.

Analysts expect prices to go up 10 - 20 % in stores.

One reason why is because of a strong global demand for dairy.  Farmers are having a hard time meeting that demand because of high feed costs and bad weather.

But there is good news. The price spike could be short–term.  According to the National Milk Producers Federation, prices are expected to stabilize by the summer.

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