RETAIL MILK PRICE CUT: HOW DEEP?

WASHINGTON (FNS) -- The expected 20% drop in milk prices at U.S. dairies should trickle down to the retail level by July, according to milk analysts, who say it's impossible to say how much prices will drop in supermarkets."The consumers will hopefully reap the benefits of lower prices. But how much depends on what happens to costs and other factors in the production cycle and how much retailers want

WASHINGTON (FNS) -- The expected 20% drop in milk prices at U.S. dairies should trickle down to the retail level by July, according to milk analysts, who say it's impossible to say how much prices will drop in supermarkets.

"The consumers will hopefully reap the benefits of lower prices. But how much depends on what happens to costs and other factors in the production cycle and how much retailers want to bring prices down," said Sara Short, a milk analyst for the Agriculture Departmen

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TAGS: Dairy