Video: Falling Milk Prices at Store

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COLUMBUS, Miss. (WCBI) — A year ago consumers were paying a record price for milk and dairy products. That has changed. Experts says by this spring, prices paid to farmers will be about half what they were in November 2013.

Grocery store shelves in your neighborhood might be a little bit emptier due to a slight decrease in milk prices. Customers at one Columbus store welcomes the change.

“And I think its awesome that prices went down because these kids, people its rough right now,” said Kayla Shirley/Columbus.

“I think its good cause I really like milk. You know I like drinking it and stuff like that. And plus I love cereal,” said Rakia Stewart/Columbus.

While consumers are grateful for falling prices, the international surplus of milk and milk powder is hurting. It may mean a few more decide to get out of the business. Even consumers worry about the farmer.

“Because its not fair to nobody, for none of us to be struggling,” said Dan Griffin/Columbus.

Those same consumers who worry about the struggling farmer also are glad when they check out at the grocery store.

“Well the price going down on milk to me I think its an awesome idea because milk was $5 a gallon,” said Dan Griffin.

Of course the price of whole milk in your community may vary depending on where you shop.