HOW WE SEE IT: Cash For Cows
Posted: December 24, 2009 at 3:54 a.m.
When you pour the milk to go with the cookies that you’ll leave out for Santa tonight, remember the hard work that went into producing that moo juice. The past couple of years have been sour for America’s dairy farmers. A drop in global and national demand for dairy products has sent the price of milk plummeting. While it costs about $18 per hundredweight (the industry term for 100 pounds) to produce it, milk is selling for far less than that — only about $14 now. Every carton of milk we buy at the store represents a loss for the dairy industry.
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News, Pages 5 on 12/24/2009
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