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RETAIL MILK PRICES

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  • notmilk2002
    The latest wholesale price paid to dairy farmers is $9.35 for 100 pounds of milk. The average retail price for 100 pounds of 1% milk is $37.10. One gallon of
    Message 1 of 1 , Aug 1, 2002
      The latest wholesale price paid to dairy
      farmers is $9.35 for 100 pounds of milk.

      The average retail price for 100 pounds
      of 1% milk is $37.10.

      One gallon of milk weighs 8.6 pounds. There are 11.63 gallons
      of milk per 100 pounds. Therefore, the wholesale price of milk
      per gallon is about 80 cents. The most valuable component of
      milk is fat. Fat is skimmed from milk to produce ice cream and
      butter. Many consumers deceive themselves by drinking 1% milk
      and believing that it's diet food. Skim milk or 1% milk was
      once used to fatten hogs before slaughter. Growth hormones make
      people grow, not fat. Growth hormones and extra calories cause
      obesity, not fat.

      In a recent NotMilk column, I wrote:

      http://groups.yahoo.com/group/notmilk/message/991

      "Dairy farmers are driving up inventories while driving
      down wholesale prices. Consumers do not benefit, as
      retail prices remain the same."

      Many of my readers wrote to report how wrong I was.
      Their perception is that dairy prices have also
      fallen at the retail level.

      This week, the Farm Bureau conducted a survey of
      retail dairy prices in California supermarkets.

      An analysis of that survey revealed that farmers receive
      only 24 cents out of each retail dollar spent on food.
      Seventy-six percent of the retail cost of food goes
      towards packaging, marketing, labor, transportation,
      and multi-levels of profit.

      The July, 20, 2002 wholesale prices per pound for dairy
      commodities as published by USDA revealed that butter
      was selling for 98 cents per pound and cheddar was $1.08.

      The retail supermarket survey found that the average
      retail price for butter was $3.64 per pound (with a
      high of $4.99).

      The survey found that the average retail price for
      cheddar cheese was $3.77 per pound (with a high of
      $4.59).

      The survey found that the average retail price for
      1% milk was $3.19 per gallon (with a high of $3.79
      per gallon).

      The survey found that the average retail price for
      vanilla ice cream was $3.51 per pound (with a high
      of $5.49 per pound).

      Dairy farmers continue to suffer so badly that
      government welfare checks (subsidies) are the
      only thing keeping them from bankruptcy.
      Consumers do not benefit from low wholesale prices.
      Consumers pay hidden costs (tax dollars pay for
      dairy subsidies) for their cheese, ice cream,
      and pizza addictions.

      Robert Cohen
      http://www.notmilk.com
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