Supermarkets, Stop the Gouging - Milk Prices Should Tumble $1

dc.creatorCotterill, Ronald
dc.date2017-04-01T19:12:42Z
dc.date.accessioned2026-07-09T07:59:07Z
dc.descriptionWITH THE HELP of four University of Connecticut graduate students, two weeks ago I surveyed milk prices in 195 grocery stores in southern New England and neighboring parts of New York. The average price for milk in Providence supermarkets was $3.03 a gallon (the average prices for the major Providence grocery stores appear in the accompanying table). Currently, dairy farmers are suffering through the lowest prices in 25 years: $1.06 a gallon in October. Adding insult to injury, retail and farm milk prices have been near these levels for a year. According to Massachusetts Department of Agriculture estimates, the cost of processing milk and retailing it in supermarkets is less than $1 a gallon; so retail prices should be $2 or less. What we have is a virulent case of price-gouging by supermarkets and, most likely, the dairy processors (not the farmers) that supply them.
dc.identifierdoi:10.22004/ag.econ.169455
dc.identifierhttps://ageconsearch.umn.edu/record/169455/files/ip32.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/169455
dc.identifier.urihttp://hdl.handle.net/123456789/594369
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/169455
dc.titleSupermarkets, Stop the Gouging - Milk Prices Should Tumble $1
dc.typeText

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