Friday, January 02, 2009

Profits for commercial formula industry will increase this year....

“The price of powdered skim milk, used in infant formula, dairy products and processed foods, has fallen to roughly 80 cents a pound today from about $2.20.”

http://www.nytimes.com/2009/01/02/business/02dairy.html?_r=1&em


Commercial formula now costs about $7-12 a pound. The profit was huge, but now will be unbelievable...

This, in all probability will lead to increased profits by formula industry giving them immense amounts to spend on advertising in the near future…stay tuned.

1 comment:

George Kent said...

Regarding formula prices, the following article of mine might be of interest:

“The High Price of Infant Formula in the United States,” Agro Food Industry hi-tech, Vol. 17, No. 5 (September-October 2006), pp. 21-23. http://www2.hawaii.edu/~kent/The%20High%20Price%20of%20Infant%20Formula%20in%20the%20US.pdf

That article was derived from an earlier one:

“WIC’s Promotion of Infant Formula in the United States,” International Breastfeeding Journal, Vol. 1, No. 8 (April 2006). http://www.internationalbreastfeedingjournal.com/content/1/1/8

Aloha, George Kent