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> It's mainly a supply issue. So there is less milk and bread being sold now than a year ago? Because if it's the same amount of milk and bread for a higher p
by yobbo 4y ago
> It's mainly a supply issue.
So there is less milk and bread being sold now than a year ago?
Because if it's the same amount of milk and bread for a higher price, then the it's mainly a shift in demand.
- pwinnski 4y agoYou're picking a subset of even the CPI basket of goods, but still the answer is yes[0]. The linked chart currently only goes to 2021, but 2021 was down almost 13% from 2020, and I have no expectations that 2022 will be any different. The supply chain has stumbled incredibly badly in ways that affect almost everything, including milk and bread--which have to be packaged up and shipped and in the case of bread, contains added ingredient that might themselves be in short supply. 0. https://www.statista.com/statistics/251537/us-milk-sales/ https://www.statista.com/statistics/251537/us-milk-sales/
- yobbo 4y agoTo be fair, it looks like a long term decline, with a larger drop between 2018 and 2019. Could be that milk is less and less preferred by consumers. The milk might still be used for cream, cheese, yoghurt, ice cream, protein powder, and so on. According to this, the number of milk cows stays constant: https://www.statista.com/statistics/194934/number-of-milk-cows-in-the-us-since-1999/ https://www.statista.com/statistics/194934/number-of-milk-co...