Are we running out of cows?

[Rudey]

Again, prices are generally driven through the market. Right now cheese is the biggest mover for the milk market and is traded on the Chicago merc if you're really interested.

-Rudey

[KellyB369]

Here's another idea to add to the list:
Last night my friend was telling me that the price of milk has gone up because dairy famers are selling the milk cows and buying the cows that are used for steak. He's not the type of guy to just make something like that up but I do not know what his source was.

[Rudey]

Originally posted by ISUKappa
The demand for milk has been declining since 2000.

Just for my own curiousity, where is that from?

-Rudey

[ISUKappa]

Originally posted by Rudey
Just for my own curiousity, where is that from?

-Rudey

I'll have to find it again, but I should have prefaced that it's milk per gallon, not overall dairy.

I understand that prices are generally driven by the market (you are talking to a farmer's daughter) but there are other factors that come into play.

[Rudey]

Originally posted by ISUKappa
I'll have to find it again, but I should have prefaced that it's milk per gallon, not overall dairy.

I understand that prices are generally driven by the market (you are talking to a farmer's daughter) but there are other factors that come into play.

Umm yes other factors do come into play, but they're not as much. I understand you're a farmer's daughter but people are coming up with BS things like gas prices when they don't understand that, for example, when a hedge fund decides to increase its holding on cheese on the merc, it's very difficult to get out of that price increase even with increased output.

-Rudey

[ISUKappa]

Farmer's market, huh?

[Rudey]

Originally posted by ISUKappa
Farmer's market, huh?

You caught me.

-Rudey
--But I fixed it so the joke's on you Fonzarelli!

[chideltjen]

I pay a little over $2.50 for a gallon of skim milk. If I want I can get two gallons for over $3... but I never finish the 1st before the expiration date anyway, so it's kind of a waste.

but I have seen milk go for over $3 alone around here. Depends on what brand you buy. I don't get it. If happy cows come from california (TM cheese) then why am I paying an arm and leg for milk?

[queequek]

Did they start to send out Wisconsin cows to Iraq?

[bluefish81]

I haven't noticed the rise in milk prices much either, but again, like ISUKappa - I live in Iowa and in Des Moines so there's AE (Anderson Erickson) and Roberts in town. The thing I've noticed most as far as rising cost in the dairy industry is the price of butter has gone up quite a bit. Luckily for me, I generally get my butter for free through my dad - he works in the dairy industry. Prices on some of this stuff should be cheaper, for this month anyway because...June is "Dairy Month."

[decadence]

I found lots here: http://www.moocow.com/