Price of NY Gallon Rises

News EditorDairy Business, Markets, Milk

Here’s an important article for you to see. When the price of a gallon of milk rises, it usually causes an uproar. I think consumers forget that dairy producers are producing a nutritionally superior product at a relatively low cost (compared to say, a gallon of soda).

Shoppers throughout the state will be forced to pay at least $3.14 for a gallon of milk starting Monday, a 20-cent increase from its current price.

“Unfortunately, this hits residents in low-income neighborhoods in the five boroughs the hardest because they generally rely on grocery stores, bodegas and other convenience outlets,” said Bruce Krupke, executive vice president of New York State Dairy Foods Association.

The weakened dollar has encouraged other countries to purchase more powdered milk from U.S. farms, which translates into lower inventories and higher prices, Krupke said. At the same time, an increase in domestic consumption of dairy products also has driven up prices.

The inflated price, which is regulated by New York State’s Department of Agriculture and Markets, will be a boon to one set of New Yorkers: farmers. “The good news is that dairy farmers are going to see some price relief,” Krupke said. “We encourage people to keep drinking milk for its nutritional value, but also know that it’s going to help their rural brethren.”