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Article: Demand, Weather Push Milk Prices Higher.
- Article from:
- Business Wire
- Article date:
- September 1, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SACRAMENTO, Calif.--(BUSINESS WIRE)--Sept. 1, 1999--
Wholesale (farm) milk prices in surrounding states, not including California, will increase by 19 cents per gallon today, due to strong demand for cheese and other dairy products and the impact on milk production of severe weather conditions in southern and eastern parts of the nation.
"High demand for dairy products and severe weather conditions in the southern and eastern parts of the nation have caused the federal wholesale (farm) milk price to increase by 19 cents beginning today, said Jim Tillison of the Alliance for Western Milk Producers. "Since over 50% of all milk production and 65% of the ...