Prices of Dairy Products to Rise, Farmers Benefit
Experts say prices of dairy products will increase in March, creating anxiety for consumers but generating big money for dairy farmers.
Prices are expected to rise 10-12% at the retail level.
Asia has a shortage of dairy right now and are importing as much as they can from the US.
Farmers will work to re-adjust the shortage so they can meet all the demands, here and around the world.
"I think the forecasts are that by the end of this year, the demand of milk and the supply of milk will be more balanced again and we'll probably see a decrease in prices again," said UF IFAS dairy economist Albert De Vries.
Dairy economists say dairy farmers haven't seen this good of a year since 2011.
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