14-08-2014 02:18 AM | USA

High beef prices help dairies

Local dairies are benefiting from high milk prices, but there’s another factor helping them prop up the bottom line: Record-high beef prices.

The cost of hamburger meat has soared because the supply of cattle has fallen to its lowest point in 40 years. As dairy owners send unproductive cows to slaughter, they are getting a boost.

“It’s a benefit,” said Dino Giacomazzi, a Hanford dairy operator. “Those high beef prices, I would say, have helped support a lot of dairies during struggles with milk prices.”
Full Story : WCYB