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AFBF: Tracking milk and egg trends.
- Article from:
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Dairy Today
- Article date:
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July 2, 2008
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Copyright informationCOPYRIGHT 2008 Farm Journal Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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For the second quarter of 2008, shoppers reported the average price for a half-gallon of regular whole milk was $2.38, down 2 cents from the prior quarter, according to the latest American Farm Bureau Federation Marketbasket Survey. The average price for one gallon of regular whole milk was $3.88, up 7 cents. Comparing per-quart prices, the retail price for whole milk sold in gallon containers was about 20 percent lower compared to half-gallon containers, a typical volume discount long employed by retailers.
The average price for a half-gallon of rBST-free milk was $3.34, up 4 cents from the last quarter or nearly 40 percent higher than the reported retail price for a ...