The dairy industry is in as bad a shape as the stock market, with product prices going from record highs in 2008 to rock bottom in early 2009. U.S. Department of Agriculture forecasts show big double-digit percentage price declines on all products for 2009. What happened? Basically, the industry got caught with too much milk as a global recession and a stronger dollar shut down export markets. Cheese exports for 2009 are forecast to be 45 percent lower than in 2008, with butter down 50 ...
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!