https://www.marketwatch.com/story/dairy-plants-dump-thousands-of-gallons-of-unused-milk-as-demand-plummets-2020-04-02
https://www.jsonline.com/story/money/2020/04/01/coronavirus-forces-dairy-farmers-dump-milk-wisconsin-covid-19/5108609002/
https://finance.yahoo.com/news/u-dairy-farmers-dump-milk-100445480.html
https://finance.yahoo.com/news/farmers-dumping-milk-latest-blow-212645283.html
How can you people be in the dairy industry and not have a clue how it works? Cows need milked twice a day, every day, regardless of what the market is doing. You can't just up and stop milking.
Even the oil giants around the globe dont dump oil or gasoline let the market set the price. maybe dfa management should thin out their own herd and pay working men and women a decent wage with good health insurance and PENSION
Clover farms in PA are have their farmers doing the same thing. No school or restaurants is the problem and their not sending any dried milk overseas.
Or that's how ya keep the price from falling. Great job DFA pay farmers to dump milk to keep price up. Scamming Americans once again for your own monetary good!!
This would imply that people are drinking less milk.
Supply chain is disrupted.