Everyone agrees that the dairy industry is in a financial crisis.
What people don’t always agree on is the reason why. Many people believe it is a matter of supply-and-demand; that is, weak demand in relation to supply will bring down prices. The partial collapse of the export market this year -- due to the global economic recession -- made the demand problem even more acute. Others believe something more sinister may be afoot.
In the past two days, two articles have appeared that question the gap between farm-gate milk prices and retail milk prices.
“Gollespiel” or “horseplay” was suggested at a meeting of 500 dairy farmers in Pennsylvania. To read that article, click here.
And, to read an article that was carried Thursday by National Public Radio, click here.
Source: Lancaster Farming and NPR