Drought in California could raise dairy prices in Oklahoma
|Updated: 2/22 7:44 pm
||Published: 2/22 10:48 am
SAN JACINTO, Calif. - Drought conditions in California could send dairy prices in Oklahoma through the roof.
California farmers have now learned they can't expect to get water from an irrigation-system in that state.
The lack of water is making it difficult to grow crops like alfalfa to feed livestock.
The governor of California is proposing buying nearly $700 million worth of water for the state.
"It's just like supply and demand," John and Margie Oostdam Dairy owner John Oostdam said. "If the feed price goes up, people can't afford to pay the feed, so then they go out of business so there's less milk on the market. That's how it would work where milk would increase in price."
Analysts predict milk prices could jump up fifty to sixty cents a gallon starting in March.
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