The U.S. Is Producing a Record Amount of Milk and Dumping the Leftovers
This article is for subscribers only.
There’s so much milk flowing out of U.S. cows these days that some is ending up in dirt pits because dairies can’t find buyers.
Domestic output is set to be the highest ever for a fifth straight year. Farmers are still making money as prices tumble because of cheaper and more abundant feed for their herds. Supplies of raw milk are topping capacity at processing plants in parts of the U.S. and compounding a global surplus even with demand improving.