Dairy Downer: Milk Floods Cause Farmers to Drown the Green A-Team, Green Air Media Like so many commodity crops such as corn and soybeans, milk prices have plummeted because there’s just too much of it and not enough demand....Dr. Samuel Simon, dairy farmer and founder of Hudson Valley Fresh says: "Milk is a global entity because it can be dried into a powder. It costs $20.50 to make 100 lbs of milk. If you’re getting $11 for it, there’s only so long you can survive without going bankrupt."
Ag Secretary Tom Vilsack says farmers face several challenges USA TODAY by Sue Kirchhoff March 15, 2009 Q: What is the USDA strategy? A: We're buying butter, we're buying non-fat dry milk … 207 million pounds of (dairy), which is a lot... Q: What will you do with dairy purchases? A: What we are going to do … for the most part is to get them into the school lunch program and get them into the food banks.