posting this as we have lost a 450 cow dairy in our neighborhood. This last dairy in our area. So sad as to the devastation our dairy industry has faced. These people were good producers. Strong with great facilities and work ethic with over 130 years of milking in this location. Maybe just maybe as we fight out way thru the tariff situation and all the problems of decades of kicking this can down the road we will be better for the result.
Was surprised to see the price for a half gallon of milk at Walmart drop to $1.15 from a $1.61 about where it had been for some time.
thanks mcfarm!
From the Chicago Tribune:
http://www.chicagotribune.com/suburbs/post-tribune/news/ct-ptb-goshen-milk-prices-st-0704-story.html
People are drinking less milk, but milk production has increased, Leman said. He explained this has caused milk prices to plunge.
In 2016, milk consumption was the lowest it's been since 1975, according to the U.S. Department of Agriculture. But milk production is the highest it has been since 1980, according to the USDA.
Hopefully we stand our ground long enough to begin to reverse this process, as you say, that has been going on for decades.
Here's another good article on it:
https://www.dairyherd.com/article/low-milk-prices-sending-some-dairy-farmers-out-business
"Like the price of anything, what goes down must come back up – at some point. Demand for milk will increase. Or supply will decrease. Or a combination of the two.
“But,” Shoemaker said, “we’ve been waiting three years for that to happen.”