Thursday, August 6, 2009
(click on image to enlarge)
In 2007 only 2,418 dairy operation supplied more than 50% of the nation's milk. Needless to say, this is what the "experts" have seen as some kind of inevitable Darwinian economic evolution.
As we move through the worst of dairy pricing, we shall see if this has been prudent policy. For the first time in history, by all appearances, the large farms are the ones in the most trouble.