milk prices

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USDA Keeps 1.4 Billion Pounds of Cheese in Missouri Caves

It's not all 'government cheese,' at least not anymore

(Newser) - You might say Springfield, Missouri, is the cheese capital of America, not because it’s known for great cheese but because the USDA maintains a hoard of 1.4 billion pounds of cheese in caves beneath the town. The so-called Springfield Underground has been there for decades, but its exact...

Got Milk Controversy? CNN Does
Got Milk Controversy?
CNN Does
THE RUNDOWN

Got Milk Controversy? CNN Does

A Texas family's milk consumption was featured in a news segment on inflation; backlash followed

(Newser) - The US economy continues to be a hot topic, especially as we head toward another winter still wrangling with COVID, and a CNN report this week tried to get to the heart of "how badly inflation is hitting the middle class." The five-minute segment intro'd by commentator...

Why Milk Could Hit $8 a Gallon
 Why Milk Could Hit $8 a Gallon 

Why Milk Could Hit $8 a Gallon

Old law could be reinstated if Congress can't reach compromise

(Newser) - If Congress doesn't get its act together soon, old laws will cost all of America dearly—we're speaking, of course, of the Milk Cliff. If legislators don't take a break from fiscal cliff negotiations/posturing and pass a new farm bill by Jan. 1, the government will be...

Starbucks Raising Coffee Prices

But smallest size will remain $1.50

(Newser) - Starbucks is raising the price of some of its drinks, the Seattle Times reports. The coffee giant has been hit by increases in the cost of green coffee beans, which are at a 13-year high. Starbucks didn't detail exactly how it would pass on those increases to consumers, but it...

Glut of Heifers Enter Milk-Flooded Dairy Industry

Semen-sorting technology bolsters herds, depressing already depressed prices

(Newser) - Times are tough everywhere, but dairy farming, never the industry of millionaires, is reeling from a double-whammy of its own making. Three years ago, new semen-sorting technology allowed farmers to ensure nine out of 10 calves born were female (bull calves largely end up in McDonald's wrappers and the like)....

Euro Farmers Protest Falling Prices With Huge Milk Dump

800,000 gallons in Belgian field after recession takes big toll

(Newser) - European farmers today dumped 800,000 gallons of milk in a Belgian field, AFP reports, in a protest against a dramatic dive in prices. The group behind the scene says three French farmers committed suicide in the past week over prices, which have fallen by as much as half as...

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