Posted 8/19/2018 09:09 (#6937444 - in reply to #6937174) Subject: RE: No wonder no money in dairy industry ,
Yes, there is oversupply of milk. The comment that is made is a 2 or 3% oversupply of milk can result in 20% decrease in price. And maybe those numbers are not exact, but it conveys what is happening. The price swing is not proportional to the oversupply.