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Milk is the New Oil

 

Have you purchased milk lately? 

“Driven by a combination of climate change, trade policies and competition for cattle feed from biofuel producers, global milk prices have doubled over the past two years. In parts of the United States, milk is more expensive than gasoline. There are reports of cows being stolen on Wisconsin dairy farms.”

The article goes on to say there is  shortage of milk.

  • Pizza parlors and ice cream vendors are raising their prices.
  • Starbucks has raised the price of its drinks
  • Hershey’s raised the price of candy but still had a 96% drop in profit
  • Cadburys and Kraft also have seen a loss of profit.

 

Maybe I should stop worrying about replacing my TV that just broke and get a cow. Just don’t want it to fall on me. :)

 

Herald Tribune Article: In a Growing World, Milk is the New Oil

 

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