Processors
With much of the Upper Midwest processing capacity maxed out in terms of milk production, finding a new home for milk is not an easy task. This is causing dairy farms to dump milk due to the oversupply.
The consumer no longer can absorb higher costs. Tanner Ehmke with CoBank says that lighter foot traffic is seen in some grocery stores, while discount retailers have seen a significant increase in foot traffic.
This ongoing Oregon water issue has become a headache for many farmers, like Jos Poland. Less water doesn’t only mean fewer aces for his cows to graze on. It has forced Poland to sell 40% of his herd earlier this year.