Tag Archives: cheese

133 Words or Less: Crying Over Spilled Milk (Crony Capitalism Strikes Again)

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Two years ago, there was a milk shortage. Dairy producers expanded operations and cashed in on market conditions. But they overcompensated. Now we have a milk glut. As a result, prices tanked. Through the first eight months of this year, producers simply dumped 43 million gallons of milk. Prices now signal cut production. Inefficient dairy […]