Feed Costs Push Calif. Dairies to Brink [SoftCommodities] - MarketTicker Forums


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User Info	Feed Costs Push Calif. Dairies to Brink in forum [SoftCommodities]
Briar Posts: 5377 Incept: 2008-02-07 Palm Springs, CA Online	http://www.weather.com/news/drought-and-.... Quote: Skyrocketing feed costs and weak milk prices are forcing growing numbers of California's dairy farmers to sell their herds or file for bankruptcy. The situation has become so dire that at least one dairy cooperative is launching a crisis hot line for despondent dairymen and their families. "Things are ugly and getting uglier," said Riley Walter, a Fresno bankruptcy attorney representing many financially distressed dairymen. In the past eight months, 28 San Joaquin Valley dairies have filed for bankruptcy in the U.S. Bankruptcy Court's Fresno office, up from 24 in 2011 and 10 in 2010. more and a video at the URL ---------- Religion is what keeps the poor from murdering the rich. Napoleon 2012-08-19 22:11:53 Permalink
Sd79 Posts: 3126 Incept: 2008-10-12 SoCal	Whoa...that's bad. Down here, I have heard nothing bad. Most dairies have fields for hay and corn. Take a walk on google through the Ramona Expressway between Perris and Hemet (In real life it's a stinky ride! They use recycled water) ---------- “Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.” ~ Albert Einstein 2012-08-19 22:26:55 Permalink
Whewt Posts: 2290 Incept: 2008-03-17 Lake Bonneville Shoreline!	If feed is high why is the dairy market weak? Where is the cheap milk coming from? Or has demand dropped? This doesn't make sense to me. ---------- Except for the math, it's all going to work out. 2012-08-19 23:26:41 Permalink
Krzelune Posts: 5513 Incept: 2007-10-08	It's corn prices. The corn in the valley is great, but the rest of the country is hurting. That is driving prices up a lot. Great for the few prescient farmers that planted corn in California. Not great for dairy farmers. ---------- The desire of millions, the inconvenience of millions, the suffering of millions, the death of millions, does not concern them because of the evolutionary humanist lens they peer through. 2012-08-20 00:46:12 From PDA Permalink
Azusgm Posts: 2399 Incept: 2010-12-02 East Texas	Dairy farmers have to sell to the middleman. Pasteurization is the stranglehold that nearly eliminates any chance of a free market in milk in this country. If you want to see a free and fair market that makes sense in dairy, buy raw milk and support nearby producers directly. I drink raw milk every day. Not dead yet. Not sick yet. The milk I drink comes from a small farm, not a factory. Much cleaner and the cows are pastured. 2012-08-20 22:28:33 Permalink