"Retailers have been quick to pass the drop in egg prices on to customers, eager to make more sales of a consumer staple. A milk glut has also encouraged retailers to cut prices on that standby, hurting dairy producers including Dean Foods Co. Eggs have been advertised for sale in some parts of the country for as little as 48 cents a dozen, the USDA said."
Sunday, October 6, 2019
Retailers pass cost savings along to consumbers in egg and milk markets
See
Egg Glut Deepens Problems in Farm Economy: Shares in top egg producer Cal-Maine Foods take a hit, as per-dozen prices decline. By Micah Maidenberg and Kirk Maltais of The WSJ. Excerpt:
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