Consumers To Pay More For Beef, Milk - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Consumers To Pay More For Beef, Milk

Posted:

Dover, Del. - The next time you pick up a gallon of milk, you could be paying more.

A record high, according to some analysts. That's because of global demand pressures. Experts say that, along with dormant production in other countries has led to increased exports of U.S. dairy products in recent months.

Tiana Irwin of Dover says the price hikes hurt her.  

"It makes it a little harder for us with our minimum wage jobs. milk is definitely a necessity for our bones.

Beef is also on the rise.

A Bloomberg survey suggests the cattle herd in the U.S., the largest beef producer in the world, fell to a 63-year low. Extreme drought in the midwest has impacted feed supplies.
It's also caused many ranchers to reduce their herds.
     
Places like Witt Brothers Market in Wyoming, Delaware has felt the impacts.    

"Just prior to the holidays we saw a tremendous spike in pricing," said Witt.

Witt says he's worked at the retail, deli and butcher shop for 38 years and has never seen prices jump like they have recently.

Witt says now, he's noticed a slight decrease in those prices.

"Coming into the holiday season, you traditionally see a spike in certain cuts, like tenderloins, ribeyes, but we saw a little decrease lately which has been pleasant, but I certainly know it's not going to last," said Witt.

Beef prices are now at record levels. According to the U.S. Department of Agriculture, the national average price for a pound of beef is $5.04. That's up six percent from last year and 11 percent since 2012.

Irwin says, like others, she's doing her best to keep up with inflation which includes tighter budgeting.

"I think that we already do that enough, but definitely even more so now," said Irwin.

Witt says if people slack off on things like red meat, other items could become a hot commodity.

"People may slack off on red meat somewhat and go more to poultry or pork where its cheaper, but then once that happens then you create a demand there," said Witt.

Agriculture experts say it could take about three years for the U.S. cattle herd to regain enough size to lower the price of beef.
But, others say this spring, consumers may see a bit of relief.

  • Most Popular StoriesMost Popular StoriesMore>>

  • Man Killed in Dover Double Shooting

    Man Killed in Dover Double Shooting

    Wednesday, June 28 2017 9:16 AM EDT2017-06-28 13:16:17 GMT
    Wednesday, June 28 2017 9:51 AM EDT2017-06-28 13:51:06 GMT

    Dover police are investigating a shooting that killed a 21-year-old man and left a 25-year-old man with injuries on Tuesday night.

    More

    Dover police are investigating a shooting that killed a 21-year-old man and left a 25-year-old man injured on Tuesday night.

    More
  • Five Hurt After Del. DOC Van, Two Other Vehicles Collide in Georgetown

    Five Hurt After Del. DOC Van, Two Other Vehicles Collide in Georgetown

    Wednesday, June 28 2017 3:56 PM EDT2017-06-28 19:56:08 GMT
    Wednesday, June 28 2017 11:38 PM EDT2017-06-29 03:38:33 GMT
    (Photo: MGN)(Photo: MGN)

    Authorities say a three-vehicle crash - including a Delaware Department of Correction van - sent five people to an area hospital on Wednesday morning. 

    More

    Authorities say a three-vehicle crash - including a Delaware Department of Correction van - sent five people to an area hospital on Wednesday morning. 

    More
  • Man Wounded in Seaford Shooting

    Man Wounded in Seaford Shooting

    Wednesday, June 28 2017 1:48 PM EDT2017-06-28 17:48:39 GMT
    Wednesday, June 28 2017 1:58 PM EDT2017-06-28 17:58:50 GMT

    Seaford police are investigating a shooting that left an 18-year-old man injured Wednesday morning.

    More

    Seaford police are investigating a shooting that left an 18-year-old man injured Wednesday morning.

    More
  • Most Popular VideosMost Popular VideosMore>>

  • Del. State Police Searching for Alleged Drug Dealer

    Del. State Police Searching for Alleged Drug Dealer

    Delaware State Police are searching for an alleged drug dealer after they say he disappeared from the Dover Mall Wednesday night.

    More

    Delaware State Police are searching for an alleged drug dealer after they say he disappeared from the Dover Mall Wednesday night.

    More
  • Sinking House Near Fenwick Island

    Sinking House Near Fenwick Island

    A house is making its way into the bay near Fenwick Island and boaters warn against the dangers of debris in the water.

    Robert Mitchell, The Director of Environmental Programs for Worcester County, said that nearly 500 acres of land was given to them in a deed.

    Little did they know there would be a small house located on one of the many islands they acquired. A house, that they soon found out, is sinking into the water.

    More

    A house is making its way into the bay near Fenwick Island and boaters warn against the dangers of debris in the water.

    Robert Mitchell, The Director of Environmental Programs for Worcester County, said that nearly 500 acres of land was given to them in a deed.

    Little did they know there would be a small house located on one of the many islands they acquired. A house, that they soon found out, is sinking into the water.

    More
  • Spectators Share Stories About Pony Swim

    Spectators Share Stories About Pony Swim

    WBOC's Maxine Bentzel reports on the people who came out to see the 91st Annual Chincoteague Pony Swim.

    More

    WBOC's Maxine Bentzel reports on the people who came out to see the 91st Annual Chincoteague Pony Swim.

    More
Powered by Frankly

All content © Copyright 2000 - 2017 WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices