The Price of Milk
When I bought milk during a recent shop, my mind drifted back to an interview I heard on ABC radio years ago. For a long time the cost of 3 litres of milk was $3, and the host was interviewing listeners if they were in favour of increasing the cost $.50 to support Australian dairy farmers who were doing it tough. The majority of those calling in were surprisingly supportive of the idea as $.50 was not asking much. Shortly thereafter, the cost of milk was increased $.50--along with all other dairy items. This was something that was not discussed in the ABC interview. Their pitch to consumers was to increase the cost of milk to help dairy farmers, but the host did not mention that this possibly could or would impact everything milk was used to make. Since I buy groceries on a weekly basis, I immediately noticed a corresponding increase in other products like cheese, cream, yogurt, sour cream, milk chocolate and ice cream. A proposed fifty-cent in...