Have you noticed a drop in the price of milk?...

[Phentex]

I can't remember when the warnings came out about the increase in milk prices, but sure enough, it happpened, followed by an increase in cheese and other dairy products. But the price of milk just dropped by 50 cents at the store where I shop, and I looked closely to see if it's the regular price and not some special sale price. Don't know if I missed a news update, but has anyone heard about milk prices recently?

[NMDemDist2]

1. Milk Prices Closer To Normal

After a big spike this summer, prices of milk and other dairy products have returned to a more normal level.

Experts say the high prices were caused by a number of factors, including bad crops leading to low quality feed and a ban on importing cows from Canada.

Now those things have turned around and prices have come back down.

Dale Thoresen with Iowa State University, tells KIMT NewsChannel Three, "Some of the reduction in milk price has come from the increased milk production. We're up about close to 1% milk production in the United States compared to a month ago."

Thoresen says milk is now 13-dollars a hundredweight, down from about twenty over the summer.

http://www.kimt.com/servlet/Satellite?pagename=KIMT/MGArticle/IMT_BasicArticle&c=MGArticle&cid=1031779051100&path=