Sunday, August 30, 2009
(click on image to enlarge)
There is a growing opinion that farm milk prices will rise this fall. There will be a growing body of experts who will comment on the inevitable volatility of farm milk price. Those same experts will praise the “smart” ones who use the “tools” – contract some milk.
However, a look at the larger picture will reveal that those “tools” are pretty much meaningless in the face of the trend since 1980.
Certainly, part of the blame can and should be placed on those who exploit dairy farmers. But, this con game could not have transpired if dairy farmers had educated themselves of the workings of the system.