The numbers show reduced prices for milk and butter (e.g. cream), and sugar remaining constant.
Thus: ice cream is being priced too high.
The numbers show reduced prices for milk and butter (e.g. cream), and sugar remaining constant.
Thus: ice cream is being priced too high.
But maybe there are other factors? What about energy? One would assume that ice cream has a higher energy requirement than other "treat" style products? Are there specific tariff impacts on ice cream manufacturing equipment?
That's the implication of your comment.
Healthy economies "should" have a reward for specialization where both supplier and purchaser win. There is no reward anymore for economic specialization in the context of ice cream; its cheaper to make your own, now. This is a troubling long term implication for any *-as-a-service
There's a second even worse economic implication in that ice cream has long been affordable to 100% of US households... Now due to permanent long term economic decline its seen as acceptable losses for some not to afford it anymore. Again, troubling long term implications.
2. I strongly suspect the couple in the article could afford ice cream if they brought less beef, less name brand items, or were just more savvy shoppers.
3. I don't know how you determined that it's cheaper to make your own ice cream, but I would say that's generally inaccurate based on personal experience and a basic assessment of input costs and a reasonable value on your time.
4. If you really feel like ice cream is overpriced, you have identified an opportunity!
Or - Walmart is a big enough supplier that they have stable contracts with manufacturers, and are able to purchase their ingredients for the same cost as always, while Turkey Hill et al is competing over what's left. (Like Apple, buying up TSMC runs.)
Or, from the buyer's perspective, it is priced appropriately if the total amount buyers would spend on it would go down if the price is lowered or raised.
There isn't a correct intrinsic price that an object should be sold at that can be calculated based on the ingredients and labor. That idea is one of the fundamental flaws of Marxism. Price is a compromise between the buyers and sellers, based on the values of each.
It it completely insane? No. But draw a set of supply and demand curves that supports it, and then try to come up with a narrative that explains them. In the static, same time, all other things being equal case, it is hard to do.