Farmers Dump Milk in Latest Blow to Battered US Dairy
Share
[aggregation-styles]
Bloomberg
With milk prices plunging to lows that haven’t been seen in nearly four years, dairy cooperatives are dumping the product to curb an oversupply.
While shoppers are clearing out milk cases at grocery stores, that’s not making up for the closings of restaurants and schools. U.S. cows are entering their most productive time of the year right now as the coronavirus is killing off a significant source of demand.
Some dumping usually occurs during the U.S. spring, but this year it will be “even more aggressive,” said Alyssa Badger, director of operations at HighGround Dairy in Chicago.
“There’s no way to offset how much loss we’re seeing with school closings and food-service demand in the form of cheese and butter, just because someone’s buying an extra gallon of milk,” Badger said.
Read More →
Bloomberg
With milk prices plunging to lows that haven’t been seen in nearly four years, dairy cooperatives are dumping the product to curb an oversupply.
While shoppers are clearing out milk cases at grocery stores, that’s not making up for the closings of restaurants and schools. U.S. cows are entering their most productive time of the year right now as the coronavirus is killing off a significant source of demand.
Some dumping usually occurs during the U.S. spring, but this year it will be “even more aggressive,” said Alyssa Badger, director of operations at HighGround Dairy in Chicago.
“There’s no way to offset how much loss we’re seeing with school closings and food-service demand in the form of cheese and butter, just because someone’s buying an extra gallon of milk,” Badger said.
Read More →
By Lydia Mulvany, Leslie Patton and Michael Hirtzer | 20 Apr 2020
RELATED TOPICS:
Tim Walz Urges Democrats to Fight Back Harder Against ‘Bully’ Trump
Politics /
2 days ago
Ancient DNA Reveals a New Group of People Who Lived Near Land Bridge Between the Americas
Science /
22 hours ago
Cabrera, Three Relievers Combine to Lead Marlins to Win Over Giants
Sports /
1 day ago
Spike in Steel Tariffs Could Imperil Trump Promise of Lower Grocery Prices
Economy /
1 day ago
Dodgers’ Mookie Betts Out With Broken Toe After Late-Night Bedroom Mishap
Sports /
1 day ago
California Gubernatorial Candidate Steve Hilton Vows to Repeal Transgender Athlete Law
Politics /
2 days ago
Trans Athlete Competes in California Championships in Clovis Despite National Controversy
Sports /
2 days ago
Tim Walz Urges Democrats to Fight Back Harder Against ‘Bully’ Trump
Politics /
2 days ago
Ancient DNA Reveals a New Group of People Who Lived Near Land Bridge Between the Americas
Science /
22 hours ago
Cabrera, Three Relievers Combine to Lead Marlins to Win Over Giants
Sports /
1 day ago
Spike in Steel Tariffs Could Imperil Trump Promise of Lower Grocery Prices
Economy /
1 day ago
Dodgers’ Mookie Betts Out With Broken Toe After Late-Night Bedroom Mishap
Sports /
1 day ago
California Gubernatorial Candidate Steve Hilton Vows to Repeal Transgender Athlete Law
Politics /
2 days ago
Trans Athlete Competes in California Championships in Clovis Despite National Controversy
Sports /
2 days ago
Tim Walz Urges Democrats to Fight Back Harder Against ‘Bully’ Trump
Politics /
2 days ago
Townsizing? Land Snorkeling? A User’s Guide to the Latest Travel Lingo
For your next trip, have you considered townsizing? What about choosing a detour destination? And instead of forest-bathing, maybe it’...
Travel /
21 hours ago
Categories
Latest
Videos

Travel /
21 hours ago
Townsizing? Land Snorkeling? A User’s Guide to the Latest Travel Lingo

Economy /
21 hours ago
Trump Trade War Has Already Had Huge Effect on California Ports

Arts /
22 hours ago
Cambodian American Chefs Are Finding Success and Raising Their Culture’s Profile. On Their Terms

Science /
22 hours ago
Ancient DNA Reveals a New Group of People Who Lived Near Land Bridge Between the Americas

Sports /
1 day ago
Cabrera, Three Relievers Combine to Lead Marlins to Win Over Giants

Economy /
1 day ago
Spike in Steel Tariffs Could Imperil Trump Promise of Lower Grocery Prices

Sports /
1 day ago
Dodgers’ Mookie Betts Out With Broken Toe After Late-Night Bedroom Mishap

Inspire /
4 days ago