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Inside the barn at McKnight Farm in Montpelier, VT. Photo: Sarah Harris
Inside the barn at McKnight Farm in Montpelier, VT. Photo: Sarah Harris

2014 projected to be record year for milk prices

MONTPELIER, Vt. (AP) Vermont dairy farmers were paid a record high price for their milk in April and prices remain strong, driven in part by international demand for U.S. dairy products. The extra income is allowing farmers to pay off debt, repair equipment and make other investments, following challenging years in 2012 and 2009.

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Jacques Parent of Parent Family Farm in Highgate says the farm is revamping some barns that needed updates and making repairs and updates to tractors and trucks.

Farmers were paid about $24 per 100 pounds of milk in April, and prices are forecast to average $22 to $23 for the year. That would be a record year for Vermont since the state started keeping dairy price records in the 1970s.


Copyright 2014 The Associated Press. All rights reserved

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