Milk prices have actually been ratcheting down (some 26%) since peaking in late March.
We track the wholesale trend in milk, and seven other common breakfast items, in Hard Assets Investors' monthly Breakfast Index (published coincidentially with the Consumer Price Index report; see our last iteration, "CPI At Breakfast: Coffee Talk" at www.hardassetsinvestor...).
Coffee Sweeter than Sugar [View article]
We track the wholesale trend in milk, and seven other common breakfast items, in Hard Assets Investors' monthly Breakfast Index (published coincidentially with the Consumer Price Index report; see our last iteration, "CPI At Breakfast: Coffee Talk" at www.hardassetsinvestor...).