Re: how high will milk/corn /beans get?

Posted by Weldon K on June 29, 2007 at 19:05:21 from (71.28.66.99):

In Reply to: how high will milk/corn /beans get? posted by jonnny2006 on June 28, 2007 at 17:20:54:

Regarding milk prices: Pay price for my May production was $19.10 per cwt. Subtract .96 per cwt for hauling, capital retain , adv. and promotion and CWT program leaves a net price of $18.14 per cwt. That is $1.56 per gallon. Price of milk in local food stores is over $4.00. Price of milk goes up a little to farmer-- price goes up much more in stores. Price to farmer drops to previous levels--price remains the same or drops very little in stores. There is way too much difference in farmer price and retail price. Milk is forecast to be over $20.00 soon. This could result in retail price reaching the $5.00 per gallon you mentioned. By the way, $20.00 farm price equals $1.64 per gallon. $5.00 gallon retail equals $58.10 per cwt.

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