Go here, to listen to Trent discuss the outrage of milk prices crashing on the farm while staying high in the stores. I am wondering at what point NY's anti-price gouging law will kick in. If ever.
He says there is talk of a 300,000 cow buy out...nuts to that! He is right about looking into why prices aren't reflecting what processors and stores are paying farmers.
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It's a crying shame! Somebody's asleep on the job.
Crazy stuff, huh? By the way, I really enjoy reading your blog. Keep up the good work.
I’ve just started a new blog that will be highlighting the dangerous advances of the secular progressive movement (pro-gay “rights”, pro-abortion, anti-religious freedoms, etc). Unfortunately, most Christians still don’t know what’s going on out there and the mainstream media certainly isn’t covering it.
We’re looking to build a solid group of social conservatives (especially Mike Huckabee supporters) who’ll frequent the site regularly and contribute to some good discussions. The site gets updated daily with breaking news, so you’ll want to check back often, or you can just sign up for our News Feed. I hope you’ll check it out!
If you’ll add us to your blogroll we’ll gladly add you to ours. Just drop us a comment over at our blog so that we’ll know to add you. Our blog is called Religion and Morality.
Thanks!
AMWD, we keep thinking we have seen the worst they can throw at us and then we find out that we were wrong...
R And M, thank you so much for stopping by and for taking time to comment. I wish you well with your new blog
Ya'know, 3C, the whole milk (and 2% and 1%) thing would probably work a lot better if the government just got out of the business of thinking they can control things, and just let the free market work.
Never happen, of course, but it's nice to dream once in a while.
Because I no longer live in dairy country (northern IL), I had no idea this was going on! I hate when store prices do not reflect a decrease in farm prices. It happens on a regular basis and most people are oblivious.
akagaga, that is probably true of most everything. Sadly the milk in Stewart's cooler is probably the most regulated substance in existence. Bad things are going to happen in dairy in the next few months. Even big farmers are on the ropes and it looks to get worse.
Ang, it is a real shame. If prices in the store reflected prices at the farm, odds are demand would increase and prices would moderate in the right direction for everybody. However, the dairy case is traditionally the most profitable aisle in the store....so stores have no incentive to lower prices.
Well for some reason I can't listen to that on my $@%&^ computer. Is it the commodity pricing thing? There was a story on 60 minutes last weekend about how that drove up the price of gas. I wouldn't be surprised if it did that for other things too...
PS Pretty cow in that pic!
*Scratchin' my head and thinking on this*
I read this yesterday, but didn't have time to listen to it. I listened to it today. Went to the small town grocery and made it a point to check the retail prices. The were actually down by .40 cents.
Granted, we don't buy much milk, of any kind, but I do use a lot of Half and Half. We prefer it over many things/recipes that call for just milk. So about a half gallon to a gallon a week.
So, again *scratching my head trying to think* of what the "rumor" may mean of "buying out" the dairy cattle, and putting them into the beef market. I'm quite confused.
J.W.
Of course by any kind, I meant 1%, 2%, skim or whole. Yesssss, I know half and half is still milk. LOL!
Love your blog!
J.W.
Rurality, sorry you couldn't listen. Trent has a nice way of speaking and a good grasp of the situation. I think the situation is caused in large part by manipulation of cheese prices at the CME. Tiny amounts of cheese can influence the price very disproportionately, usually in a negative fashion for farmers, although not always. It's very complicated, but like almost any product. Prices at the store go up fast and fall slowly no matter what commodity prices do
JW, the dairy industry, especially the government part of it (and they have their fingers in every pie so they are very much a part of it) has a long tradition of paying certain farms to sell all their cows for slaughter to lower the supply of milk. This is supposed to raise milk prices. It certainly depresses the beef market.
Never impressed me much as a strategy but they don't ask me.
Glad you have seen a price drop. You should see a really HUGE drop as prices are projected to fall to half what they were last year to the farmers....but I'll bet you won't. Thanks for visiting and thanks for the kind words.
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