Consumer alert: Milk prices may double, gas prices fall, and chocolate is most popular candy
The price of milk could double in January if there’s still no agreement on the Farm Bill on Capitol Hill.
The current fight over the $80 billion a year food stamp program includes farm subsidies, and without a deal, you could pay $8 for a gallon of milk.
Lawmakers are expected to begin negotiations this week..
Meanwhile, prices at the pump continue to fall, as the average price of a gallon of regular unleaded fell below the $3 mark in more than 16 states.
As of Monday, the average gas price for regular in D.C. is $3.45, $3.13 in Virginia, and $3.30 in Maryland. Compare that to a national average of $3.28 a gallon.
And as we celebrate Halloween this week, we wonder: What’s your favorite candy?
A survey from the National Confectioners Association found that 72-percent of money spent on all candy this Halloween will be chocolate. More than $12.6 billion was spent on chocolate in the U.S. just last year.