Farm Fears: Price Crisis Looms for Northeast Dairies

Summary

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ST. ALBANS, Vt. - At the start of a regional dairy summit this weekend, dozens of state legislators, farmers and dairy leaders touted the best their states had to offer.

Overshadowing the good news, however, was the expected plunge of milk prices this year to as low as $1.03 a gallon for farmers. At that price, dairy farmers throughout the Northeast will lose money on each gallon they produce.

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Extract

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Farm Fears: Price Crisis Looms for Northeast Dairies

Combine the looming price crash with the loss of eight milk- processing plants in the region in recent years and the result is sure to be the continued loss of farms and the local milk supply for 58...

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