Milk prices drop in PA

jmminarik's picture

I noticed just yesterday the prices have dropped. For good and bad. However, I'm not quite sure why 'extra milk' is a problem...just make more cheese. :dontknow: (yes, simplification, but still, cheese is how you store milk for years).

Quote:

It does a body good, but milk isn't doing that great for the farmer's wallet.

The state milk marketing board — the organization that develops the formula for retail and wholesale milk prices — has lowered the market price for the white stuff.

That's good for the consumer, but it's giving dairy farmers something to cry over, figuratively speaking.

http://www.thereporteronline.com/articles/2009/02/12/news/srv0000004675645.txt

nhb's picture

i usually buy 4 or 5 gallons

i usually buy 4 or 5 gallons a week, when i shop. the last time i was at shoprite it was $3.29, but i get it at sam's in deptford for $2.53 a gallon, 2%.

Honer's picture

It's a supply & demand issue

It's a supply & demand issue - the government sets a price floor on the prices, so the producers are willing to supply more than the actual demand for the product. Probably stupid info, I know, but I actually just learned about this in an Econ course

jmminarik's picture

nhb wrote: sam's in deptford

nhb wrote:

sam's in deptford for $2.53 a gallon, 2%.

AFAIK, NJ does not have price controls on milk like PA does.

athrahans's picture

What about organic milk that

What about organic milk that is bought in PA, but comes from outside PA?

jmminarik's picture

athrahans wrote:What about

athrahans wrote:

What about organic milk that is bought in PA, but comes from outside PA?

you can check for yourself: http://www.mmb.state.pa.us/mmb/site/default.asp