Consumers have noticed a sharp rise in the price of beef and milk, an increase that has some business owners fretting.
Food and beverage prices jumped 3.9% in May, the largest increase in three years. Milk costs could jump even higher this month, based on data from Virginia’s State Milk Commission. In a breakdown for Western Virginia, the report shows that the price paid to farmers for 100 pounds of raw milk will rise 2.5% in July.
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