More bad news..... we are producing a RECORD amount of dairy products. This is a disaster as we have so much production of this food product that people currently are not able to buy it all. Things look like they are going right down the tubes for sure too much food chasing not enough USDs to buy it.
Lower milk prices trumping record production for dairy farmers. via @WiStateJournal https://t.co/OBCh5tA0WK
— The Wheeler Report (@WheelerReports) March 28, 2016
3 comments:
Hyper deflation ?
Supply management. Not perfect (and creates its own rentier class of quota holders), and one needs to raise the incomes of the lowest two quintiles in consequence, but possibly better than massive industrial overproduction, use of BSE, the milk SHORTAGES in the US in 2014 (especially in infant formula), resulting from the open international market and drought in New Zealand. Predictable supply and prices for producers. Everything TPP is against.
https://www.dairyfarmers.ca/news-centre/news/policy/trans-pacific-partnership-to-impact-canadian-dairy-farmers
The role of a prosperous cycle in "making a more perfect union"
https://plus.google.com/104140272098689841413/posts/2LhkaVXBMYM
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