SARATOGA SPRINGS – A decrease in the global demand for milk means good news for local consumers.
Officials for Stewart’s Shops announced Friday that starting Monday the price of a gallon of Stewart’s milk will be lowered 30 cents, and the cost of a half gallon will decrease by 16 cents.
A number of global and economic factors are leading to the price drop, but it is most significantly influenced by supply and demand. After a record year for milk supply to meet growing international demand, the tides have turned and global demand, including the need for U.S. exports, is lessening. Low Demand
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