How much will 1 gallon of whole milk cost in July? (Inkling Markets Public Marketplace)

How much will 1 gallon of whole milk cost in July?

Ends: 08/01/08 @ 12:00 AM PDT

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PREDICTIONS	CURRENT VALUE	TODAY
1 gallon whole milk - US natl avg	$35.20/ $39.61	(closed)

TAGS

2008 gallon July milk price

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discussion

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foobar trades: 494 • markets run: 1 • member since: 02/20/08

When you say the prices do you mean this specific price:
Series Id: APU0000709112
Area: U.S. city average
Item: Milk, fresh, whole, fortified, per gal. (3.8 lit)

There are many options for “milk”

written: Jul 01 2008 @ 06:30 AM PDT | DISCLOSURE - This user is participating in this market.

davidd8663 trades: 1253 • markets run: 12 • member since: 02/11/08

The combination you mention is exactly the one I intended. I have updated the market question to clarify that.

written: Jul 01 2008 @ 06:54 PM PDT

davidd8663 trades: 1253 • markets run: 12 • member since: 02/11/08

The government announces Consumer Price Index data in the middle of the following month. That means this market won’t cash out until around August 15 even though trading will end at the end of July.

written: Jul 03 2008 @ 07:38 PM PDT

davidd8663 trades: 1253 • markets run: 12 • member since: 02/11/08

The June price was $3.77, up a little over a penny from last month and up almost 35 cents from June 2007. In 8 of the last 12 years, the July price has been slightly higher than the June price.

written: Jul 16 2008 @ 05:59 PM PDT

stock information

1 gallon whole milk - US natl avg

Historical milk prices can be found at http://data.bls.gov/PDQ/outside.jsp?survey=ap. This market will cash out when the July 2008 numbers become available.