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Dairy farmers getting milked out of the market
Milwaukee Journal Sentinel ^ | October 4, 2009 | Rick Barrett

Posted on 10/04/2009 4:43:10 PM PDT by 10Ring

Dairy farmers are pressing federal antitrust regulators to investigate why large food companies are making hefty profits while farmers are going broke.

The average dairy farm in the state lost about $100 per cow per month this summer, according to the Wisconsin Farm Bureau Federation.

With more than 1.25 million cows in the state, it means the industry is losing roughly $4 million a day.

~~ Snip ~~

Feingold said he wants the Justice Department to reconsider the 2001 Dean Foods merger with Suiza Foods that helped make Dean the nation's largest milk processor and distributor. He also wants antitrust regulators to review Dairy Farmers of America, a dairy cooperative that controls about 30% of the nation's milk supply and sells milk to Dean Foods.

"My goal is not to pinpoint a villain. But some of the major players are going to have to be part of the examination," Feingold said in an interview last week.

That's largely because farmers, who received about $20 for every 100 pounds of milk they produced in 2008, have seen the price cut in half this year. In layperson's terms, 100 pounds of milk equals nearly 12 gallons.

Some farmers have cashed out their farm equity and savings just to buy cattle feed and pay their utility bills. Entire herds have been slaughtered as part of a national program meant to reduce milk supplies and increase the amount that farmers receive in their milk checks.

(Excerpt) Read more at jsonline.com ...


TOPICS: Business/Economy
KEYWORDS: feingold; milk; wisconsin
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To: dawn53

I buy organic milk. There is a real quality difference over the regular store and larger brands. With the other milk it rarely made it to the expiration dates without going bad. The organic milk can last longer than a week after the expiration date without going bad.


21 posted on 10/04/2009 5:33:29 PM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: trumandogz

Ok get ready so pay what food really costs to produce. Like 3.00 for a loaf of bread or 5.00 per gallon of milk.


22 posted on 10/04/2009 5:34:49 PM PDT by US Navy Vet
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To: trumandogz

End Farm Subsidies.
Absolutely.

End the Nixon idea of get big or get out.


23 posted on 10/04/2009 5:36:06 PM PDT by Colvin (Harry Reid is a sap sucking idiot.)
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To: mrfixit514

So you an expert on agriculture. If you don’t know what you are talking about STFU!


24 posted on 10/04/2009 5:36:13 PM PDT by US Navy Vet
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To: GeronL

Options would include canning it for export, dehydrating it for survivalists, exporting dried and canned form for cheap charitable donations. Canned cheese, dried yogurt ... long term products will have longer time in which they can be sold at a profit.


25 posted on 10/04/2009 5:36:15 PM PDT by tbw2 (Freeper sci-fi - "Humanity's Edge" - on amazon.com)
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To: 10Ring

I feel sorry for farmers having worked on a farm in my teens.

They buy their implements and tools retail and sell their product wholesale.

They get shaved coming and going.


26 posted on 10/04/2009 5:39:50 PM PDT by SnuffaBolshevik
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To: tbw2

Apparently in some countries they powder it and mix it with water and sell it as long-term milk.

blech


27 posted on 10/04/2009 5:40:23 PM PDT by GeronL (meow)
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To: US Navy Vet
Ok get ready so pay what food really costs to produce. Like 3.00 for a loaf of bread or 5.00 per gallon of milk.

Oh, thanks, I see, due to subsidies, I don't. Pay the full price for my milk and bread.

So, if I don't pay the full price for milk and bread, who is it that is paying the difference?

28 posted on 10/04/2009 5:43:28 PM PDT by trumandogz (The Democrats are driving us to Socialism at 100 MPH -The GOP is driving us to Socialism at 97.5 MPH)
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To: trumandogz

Another “Expert”!


29 posted on 10/04/2009 5:51:59 PM PDT by US Navy Vet
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To: NVDave
No, what we need to do is stop extending credit to Dutch dairymen coming over from Europe to set up 8,000 cow dairies here in the US on cheap credit. That’s what has flooded the market with cheap milk.

I'll admit it... I'm part of the problem. I'm lactose intolerant. I have barely bought any milk for years (with the occasional exception of some "Lactaid" when I'm REALLY dying for oreos and milk - maybe once or twice a year)

I used to LOVE drinking milk.

Mark

30 posted on 10/04/2009 6:23:42 PM PDT by MarkL (Do I really look like a guy with a plan?)
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To: GeronL

Milk cow were slaughtered, chickens and baby chicks too, fruit destroyed by the tons, to keep prices up. No it wasn’t FDR. It was THIS YEAR.!

Now look into the future, 2-3 years, once all the inventory is used.......The reason for the propaganda about cows causing CO2 emissions is BS. It’s because they know they have slaughtered the meat to keep prices up now.!

Empty handed. There will be shortages, and what you can get will be ridiculously priced. Prices will be skyward...


31 posted on 10/04/2009 6:46:53 PM PDT by Freddd
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To: 10Ring

The folks at Dean Foods aren’t exactly nice guys. They’d buy up small, regional companies, keep the labels, ditch the employees, and outsource production. Their business plan was built on ravishing small town America.


32 posted on 10/04/2009 7:22:34 PM PDT by PAR35
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To: 10Ring

How about Cash for Utters program?


33 posted on 10/04/2009 7:27:24 PM PDT by repubpub
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To: 10Ring

Yeah, Feingold wasn’t too worried about it when milk was $4.00 a gallon.


34 posted on 10/04/2009 8:18:59 PM PDT by VeniVidiVici (Hey Obama. Where is Osama Bin Laden?)
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To: PAR35

Replace “Dean Foods” with Anheuser-Busch. I know it’s now InBev, but I think you’ll get the point.


35 posted on 10/04/2009 8:21:58 PM PDT by 10Ring
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To: repubpub
That's udderly ridiculous.
(couldn't help myself)
[SLAP!]
Ow!
36 posted on 10/04/2009 8:24:53 PM PDT by 50cal Smokepole (Effective gun control involves effective recoil management)
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To: US Navy Vet

It sounds like you may have a great deal of knowledge on the farm subsidy issue and I thought that you could help me better understand the issue.

You said that my milk and bread would cost my family more if it were not for the subsidies that are paid to farmers.

However, you could not quite explain were the government gets the money to pay the farmers their subsidies.

Does the government have a big farm where they grow Hundred Dollar Bills as a cash crop and where the chickens lay Golden Eggs?

Or perhaps, the government has a big ranch where the cattle instead of pooping big piles of BS, poop big pile of money?

So please explain, where does the government get the money to pay these subsidies to the farmers?


37 posted on 10/05/2009 2:03:31 AM PDT by trumandogz (The Democrats are driving us to Socialism at 100 MPH -The GOP is driving us to Socialism at 97.5 MPH)
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