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Ag economist explains reasons for current milk surplus
Dr. Robert Cropp, UW Platteville economist, outlines that milk production rose faster than sales since 1975, creating a persistent surplus that hurts prices. He notes 1980 production hit a record 128.4 billion pounds while sales fell, and he discusses cow numbers, per cow output, CCC purchases, stockpiles, and limited impact of imports on the surplus.
MENTIONED IN THIS ARTICLE
Robert Cropp
Uw-Platteville
U.S
Wisconsin
CCC