Cutting Price to Deal with Surplus

News Editor

The staff at Dairy Herd Network recently reported this article:

A New York-based dairy cooperative is cutting the price paid to members, citing a surge in the milk supply since the beginning of the year.

“This is something we have done on rare occasions and only do if it is absolutely needed,” according to a memo from top brass at Dairylea Cooperative to members.

This comes on the heels of the Land O’Lakes co-op in California shuttering 17 dairies in a buyout program.

Read the entire article here.

Source: Dairy Herd Network