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Annenberg School of Communication and Journalism University of Southern California

Price of Milk Could Hit Record High in March

The price of milk is around $3.50 a gallon.

The catchy slogan 'Got Milk?' may soon turn into 'Got cash?' 

The price of milk is around $3.50 per gallon, an all time high. Increased exports of U.S. Dairy products could raise the price by an additional 60 cents. A gallon of milk could cost more than four dollars for the first time ever.

Dairy economists believe the California drought may also be to blame and will most likely keep pushing prices higher throughout 2014.

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