The minimum wholesale and minimum home delivery prices of fluid milk and cream products have increased by one cent a litre.
Gordon MacBeath, P.E.I. Marketing Council chair, made the announcement Monday.
Fluid milk products include homogenized (standard) milk, 2 per cent milk, 1 per cent milk, skim milk and chocolate milk. Fluid cream products include blend, table cream and whipping cream.
MacBeath says producers will receive about 30 per cent of the increase while processors will receive the remaining 70 per cent.
He said the marketing council takes into account producer milk component price changes announced by Dairy Farmers of Prince Edward Island, a cost-of-processing formula developed in the province several years ago, and consultations with processors about other manufacturing costs and economic factors.
Minimum milk, cream prices rise one cent a litre
- Published on Febuary 2nd, 2010
- Published on June 15th, 2010
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Staff ~ Farm Focus
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Comments
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- Gene
- - June 21st, 2010 at 20:28:21
How come a gallon of 1% milk at the grocery store in charlottetown is close to $7.00 and it can be purchased at a grocery store in Boston for $2.20 per gallon?
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- mike
- - June 21st, 2010 at 20:12:56
Also add in the price of fuel, electricity, labor, feed cost, fertilizer cost, and quota (U.S. has no fluid milk quota system), just to name a few factors which makes our milk more expensive than some other places.
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- AreYouKiddingMe?
- - June 21st, 2010 at 20:03:19
Do the processors really need more of the profits?
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- Because
- - June 21st, 2010 at 19:59:26
In case you have never noticed, we have a smaller population than Boston. Less competition meand higher prices.
