ARLINGTON, Va. -- A surplus of milk triggered a wholesale price drop of more than 11% beginning last week, with a further reduction expected in August. The current price decline should translate to a drop of 10 cents to 15 cents per gallon at retail, according to Thom Wilborn, director of communications for the National Milk Producers Federation here. And some retailers have already begun to pass on the savings to consumers, although a boost in sales is not expected. "Prices did come down ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.