Last week I went shopping, quart of 2% milk was .97 This week $1.12 Up 16% in one week!!!! High milk prices going higher, sour consumers Associated Press - June 10, 2007 2:44 PM ET MOBILE, Ala. (AP) - Drought, high fuel and feed prices, a surge in international sales and the cost of dairy operations. All are factors that are boosting milk prices to record levels and hitting consumers in the pocketbook. In Alabama, the price for a gallon of milk has already broken a 2004 record. Agriculture economists say it could hit $4.50 this summer. Experts say higher demand for milk overseas is a major factor in rising prices. Mississippi State University agriculture economist Dr. Bill Herndon said U.S. dairy sales to China and India are growing. He says the U.S. is taking up the slack caused by a dairy export decline from drought-hit Australia and New Zealand's inability to expand its production. Others experts say the dairy farmer doesn't set the price of milk and it's a product that can't be held off the market for long. Only about 75 licensed dairies operate in Alabama. Mississippi has about 190; Georgia 300; Florida 160; and Louisiana 250.