Milk Prices to Rise This March

Looks like milk prices will be going up.

According to the TODAY Show, the drought in California could cause milk prices to increase by 60 cents a gallon. This price surge will likely hit in March. The Wisconsin State Journal said that the increase in dairy exports coupled with limited milk production will also contribute to the price increase.

The average price of milk right now is $3.50, but milk has reached $3.80 at its peak price, according to the U.S Bureau of Labor Statistics.

Check out the video above for more on the looming price surge for milk.

Read Full Story

Sign up for the Best Bites by AOL newsletter to get the most delicious recipes and hottest food trends delivered straight to your inbox every day.

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.