Thursday, October 7, 2010
Where Did It Go?
(click on image to enlarge)
Above is a graph covering fluid or beverage milk. We all know what that is. The blow-molded plastic gallon seems to go back to antiquity. There is nothing new, no additional value added.
But, the price of milk in the store seems to go up and up. The Secretary of Agriculture would do some good to have a commission to find what happened to the money in the middle.
The retailers take more because they can. Are they efficient though?
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Another myth exposed, we have been told for years milk was a 'loss leader'. This graph kinda shoots that in the ass, huh?
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