Terry D. Etherton
The latest American Farm Bureau Federation Marketbasket Survey of retail food prices was just released. In this informal survey, for the third quarter of 2010, shoppers reported the average price for a half-gallon of regular whole milk was $2.04, down 2 cents from the prior quarter. The average price for one gallon of regular whole milk was $3.16, up 10 cents. Comparing per-quart prices, the retail price for whole milk sold in gallon containers was about 25 percent lower compared to half-gallon containers, a typical volume discount long employed by retailers. Continue reading The “Smoke and Mirrors” of rbST-Free Milk Pricing Keeps Rolling On…and On