Saturday, November 21, 2009
California Money Pit
(Click on image to enlarge)
Dairy operations in California have lost nearly $4/cwt over feed cost since January 2009. Given, that California now produces 22% of the nations milk, one might think that on the other side of the continent there would be some expressions of concerns - hardly a peep.
Obviously, it will take 10 months of $4/cwt over feed cost for California to climb out of the pit.