Commodities

America Is Drowning in Milk Nobody Wants

Dairy farmers are under siege thanks to low prices and changing tastes. Even a one-week holiday shutdown by yogurt giant Chobani inflicted pain.

The Greek Yogurt Craze Appears to Be Over
Lock
This article is for subscribers only.

A decade ago, Greek yogurt was ascendant in America. In New York state, the hope among farmers and politicians was that their fortunes would benefit as well.

In 2005, Hamdi Ulukaya spent less than $1 million buying an old Kraft yogurt processing plant in New Berlin, 150 miles northwest of New York City. Within two years, the native of Turkey was already a success. His yogurt brand, Chobani, was in supermarket refrigerators everywhere, pushing aside older, big-name brands while making Greek yogurt a staple of the American diet. Rich but also healthy, it made its way into recipes for everything from smoothies to muffins and even popsicles.