Maybe it is just me but, if you've seen one hearing you've seen them all. For instance, Mr. Paul Kruse, testifying for IDFA said:
Why? First, our Dairy Product Price Support program encourages the production of nonfat dry milk, even as few food processors want to use that product. On the other hand, there is growing demand for products like milk protein concentrates which many food processors now source from other countries because the United States does not produce near enough. Simply put, our policies encourage investment in plants to produce nonfat dry milk and not the specialized milk proteins demanded by today’s marketplace. Our problem is not that our domestic industry can't compete with imports but that our government encourages the production of other products.
Where have we heard that logic before? And, what exactly does it mean? Does it mean the government will buy NFDM at less than world prices? Does it mean the big co-ops are totally dependent upon government programs? Who knows?
We do know, because there is data to support the knowledge, instead of pure speculation, the U.S. export value of a unit of MPCs has fallen 28.4% year to date through August. On the other hand, imports of MPCs have only fallen 3.6% per unit. sounds like a win/win - not really.