Monday, January 24, 2011
(click on image to enlarge)
Conventional dairy experts are always digging in their bag of excuses to explain why dairy farmers are getting more for their milk. One example which only pops up from time to time, is the milk/feed ratio. "Normal" thinking holds that when the milk/feed ratio is above three, dairy farmers will expand. As can be seen in the above graph, this is nonsense.
Since most of the conventional experts are land-grant employees, that is public servants, there is an obligation to hold the economic models up to the light of day. This does not happen and one might wonder why?
Upton Sinclair wrote a muckraking novel on the meat packing industry in 1906. Sinclair said, " It is difficult to get a man to understand something, when his salary depends upon his not understanding it!"