This summer, purchasing a gallon of milk will not hurt your pockets as much.
According to Texas A&M Agri-life, the reason is because dairy prices seem to be lower. Unfortunately, Texas dairy producers are feeling the effects of this price drop.
These low prices, in combination with current drought conditions, are pushing farmers to pay more for their cattle’s feed.
Dairy demands are high, and milk is not the dairy ingredient consumers stock up on- cheese is.
Those benefits will take around a year to be noticeable. In the meantime, those low milk prices will make it tough for farmers to balance the books.
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