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Wisconsin Farmers Union calls for emergency assistance to dairy farmers, oversupply management during COVID-19 crisis

 

April 15, 2020

The COVID-19 outbreak is sending a shockwave throughout the U.S economy that is hitting dairy farmers especially hard, with some processors reaching maximum capacity and asking farmers to dump their milk. With the Chicago Mercantile Exchange Class III futures for May projected to drop below $13.00 per hundredweight -- below the cost of production for most dairy farms -- the situation for America’s dairy farmers is dire. The average U.S. dairy farm milking 234 cows will lose over $25,000 in...



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