Thursday, September 29, 2011

Tracking Milk and Egg Prices:


Milk and Egg Prices rise in the Third Quarter
Washington--For the third quarter of 2011, shoppers reported the average price for a half-gallon of regular whole milk was $2.46, up 15 cents from the prior quarter. The average price for one gallon of regular whole milk was $3.66, up 4 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.

The average price for a half-gallon of rBST-free milk was $3.40, up 12 cents from the last quarter, about 40 percent higher than the reported retail price for a half-gallon of regular milk ($2.46).

The average price for a half-gallon of organic milk was $3.71, up 6 cents compared to the prior quarter, about 51 percent higher than the reported retail price for a half-gallon of regular milk ($2.46).

Compared to a year ago (third quarter of 2010), the retail price for regular milk in gallon containers was up about 16 percent while regular milk in half-gallon containers rose 19 percent. The average retail price for rBST-free milk increased 1 percent compared to the prior year while organic milk was up 2 percent.

For the third quarter of 2011, the average price for one dozen regular eggs was $1.78, up 13 cents compared to the prior quarter. The average price for a dozen “cage-free” eggs was $3.10, down 10 cents compared to the prior quarter but 75 percent higher than regular eggs. Compared to a year ago (third quarter of 2010), regular eggs increased 26 percent while “cage-free” eggs increased 7 percent.

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