WHOLESALE MILK PRICES DIP; RETAIL SEEING MIXED RESULTS

WASHINGTON -- A 22-year low in wholesale milk prices is bringing about a drop in the retail cost of all dairy products, though prices still remain high.According to the Bureau of Labor Statistics, here, a gallon of low-fat milk averaged $2.83 in November, down from $2.94 the month before. Still, one year ago it was $2.76 and two years ago $2.53.While a host of factors is at play, experts say that

WASHINGTON -- A 22-year low in wholesale milk prices is bringing about a drop in the retail cost of all dairy products, though prices still remain high.

According to the Bureau of Labor Statistics, here, a gallon of low-fat milk averaged $2.83 in November, down from $2.94 the month before. Still, one year ago it was $2.76 and two years ago $2.53.

While a host of factors is at play, experts say that heavy production in the Western United States is expected to help lower the she

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TAGS: Dairy