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Milk Prices Expected To Jump 10-20%

Too bad milk expires. Right now would be a good time to stock up. {}Milk prices are expected to hit record highs next month which could make your breakfast bowl of cereal a lot more expensive.

Analysts expect prices to go up 10 - 20 % in stores.

One reason why is because of a strong global demand for dairy. {}Farmers are having a hard time meeting that demand because of high feed costs and bad weather.

But there is good news. The price spike could be short-term. {}According to the National Milk Producers Federation, prices are expected to stabilize by the summer.

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