Farmers Dump Milk in Latest Blow to Battered U.S. Dairy
- While shoppers grab milk off shelves, closings kill off demand
- Not used to supply chain breaking down, Wisconsin farmer says
Photographer: Ty Wright/Bloomberg
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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.