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Organic price premiums dip as demand grows, choices multiply
by Dee-Ann Durbin, AP Business Writer
The Associated Press Translate This Article
23 January 2019
On 23 January 2019 The Associated Press reported:
U.S. shoppers are still paying more for organic food, but the price premium is falling as organic options multiply. Last year, organic food and beverages cost an average of 24 cents more per unit than conventional food, or about 7.5 percent more, according to Nielsen. That was down from a 27 cent, or 9 percent, premium in 2014.
Global Good News service views this news as a sign of rising positivity in the fields of business and environment, documenting the growth of life-supporting, evolutionary trends.
There's a lot of variation within those numbers. The average price for a gallon of organic milk ... is 88 percent higher than ... regular milk. Organic eggs have an 86 percent premium. At $4.89 per loaf, organic bread is double the cost of regular bread.
Some organic products -- like artichokes, soy milk, and Granny Smith apples -- may even cost less than their conventional counterparts. ... There are many shifting factors behind the prices for organic foods.
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