Farmers Dump Milk in Latest Blow to Battered US Dairy
By News
Published 4 years ago on
April 6, 2020
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:
At Time of Rising Antisemitism, Holocaust Survivors Take on Denial and Hate in New Digital Campaign
Inspire /
20 hours ago
Gov. Newsom Appoints Judges for Fresno, Merced Counties
Local /
1 day ago
Israel Briefs US on Evacuation Plan for Palestinians Ahead of Planned Rafah Assault
World /
1 day ago
Canadian Police Make 3 Arrests in Sikh Separatist’s Slaying That Sparked a Spat with India
World /
1 day ago
Three Arrested for Trespassing, Posting Flyers at Fresno Synagogue and Church
Crime /
1 day ago
Latest
Videos
Politics /
19 hours ago
Yellen Says Threats to Democracy Risk US Economic Growth, an Indirect Jab at Trump
World /
19 hours ago
New Sea Route for Gaza Aid on Track. Treating Starving Children Is a Priority
Inspire /
20 hours ago
At Time of Rising Antisemitism, Holocaust Survivors Take on Denial and Hate in New Digital Campaign
Local /
1 day ago
Gov. Newsom Appoints Judges for Fresno, Merced Counties
World /
1 day ago