Saturday, August 22, 2009
(click to enlarge)
There is less talk about consumers cutting back on dairy purchases and with good reason.
Information Resources, Inc, which tracks consumer sales through scanner data, indicate the volume of cheese sales in the March – May 2009 period increased an amazing 7.1%. Fluid sales are also up.
Soy beverages are down.
So far so good. Now the remaining factor is to see reality show up in farm milk prices.