The price of milk could see an increase soon

By WEEK Producer

The price of milk could see an increase soon

February 18, 2014 Updated Feb 18, 2014 at 11:37 PM CDT

Milk prices could reach record highs next month.

A number of things, including higher feed costs for cows and a higher demand for milk could contribute to an increase of 60 cents per gallon in March.

Prices would drop again in a few months after a new batch of calves reached peak milk production, but an even bigger price increase could be on the horizon.

The devastating drought in California could curb feed production for cows.

Without cow feed, milk prices could sky rocket later this year.

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