date:Oct 22, 2018
nges: The Trump administrations trade wars have coincided with an extended period of already low milk prices. The strong dollar is driving down exports, and consolidation has led to farm closures all across the country. Most darkly, the long decline in American consumption of fluid milk, the dairy product that brings farmers the highest earnings, shows no sign of slowing.
The key ratio of income-to-feed costs reveals that dairy farmers have very little margin left these days, said Bill Brooks,