As with everything, there are costs to production and distribution associated with store-bought oat milk, and all of those costs go into the price of a product. According to the CEO of oat milk company Califia Farms, Dave Ritterbush, it's a rise in everything: Wages, the costs of running the factory, transport to the grocery store, utilities, fuels, packaging, marketing, R&D.
The cost of labor — employee wages — has gone up in many industries and across many states that have legislated higher minimum wage rates. Wages haven't jumped up more than an average of 5% year-over-year, though, and 5% of a $6 half-gallon is $0.30. Wages still haven't caught up with inflation, of course, which is why oat milk still feels expensive at checkout, even if you're making more money than you were years ago. Speaking of inflation, it has been a factor in prices — perhaps you remember how much eggs cost in 2022 — but it's dropped substantially in 2023. Ritterbush told The Guardian that the price of plant milk won't come back to pre-inflation costs, but "it will come off those highs."
So what else is driving up the price of oat milk? The increased cost of energy and fuel has been driven by Russia's war in Ukraine. Bad growing seasons in the American Plains states, likely as a result of climate change, have led to a lack of oat crop supply. These two factors are huge drivers of soaring oat milk prices.
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December 14, 2023 at 02:15AM
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Here's Why Oat Milk Is So Expensive - Daily Meal
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