Price Crash Continues For Milk

WASHINGTON — A supply glut, sluggish domestic demand and a sharp contraction in dairy exports have continued to pressure milk prices downward. As SN reported in January, farm-gate milk prices in California where the price paid to farmers is regulated by the state's department of agriculture and linked to futures trades on the Chicago Mercantile Exchange were set at their lowest rate in 30 years during

WASHINGTON — A supply glut, sluggish domestic demand and a sharp contraction in dairy exports have continued to pressure milk prices downward.

As SN reported in January, farm-gate milk prices in California — where the price paid to farmers is regulated by the state's department of agriculture and linked to futures trades on the Chicago Mercantile Exchange — were set at their lowest rate in 30 years during February. The price collapse has spread and worsened since then, w

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