Milk Prices Set to Rise

Summary


Shoppers at a local Sam's Club found an ominous sign taped to the glass dairy case over the weekend: as of May 1, milk prices are going up.

In some American cities, the price of a gallon of milk is expected to top $4, possibly within a matter of days.

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Milk Prices Set to Rise

The increases follow an announcement late last week by the U.S. Department of Agriculture, which intends to raise the base per- gallon price paid to dairy farmers by 50 cents.

On Tuesday, the price of milk at Sm...

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