America Has A Milk Problem

Read more on this subject: Agriculture
News Story Source: https://www.zerohedge.com by Fred Dunkley
Declining consumption, increased production, retaliatory tariffs and lower prices in the face of increased costs have been walloping American farmers for some two years now, according to the Reedsburg Times Press.

Northeastern states are the most affected by the glut. The State of Wisconsin has seen a net loss of more than 400 dairy farms this year alone, and in December last year, the state's farmers dumped a record 160 million pounds of skim milk they couldn't sell. That's three times the amount they were forced to dump in 2012, according to CSMonitor.  

By July, farmers in the Northeast had dumped 145 million pounds of milk, and 23.6 million pounds of that was dumped in July alone, according to Bloomberg.

Much of the blame will be laid on Canada, which moved last year to implement its own supply management by restricting dairy trade from the U.S.

But the blame isn't all about Canada, and you have to follow some less dire
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