Milk

Hay yields in the U.S. may see a hit resulting from drought in the West and extreme rain in parts of the Midwest.

It costs more to produce half gallons, some consumers don’t mind paying a higher price for the convenience, and those full gallons are being used as a loss leader. 

Nondairy milks are increasingly popular, especially among younger consumers. Coffee shops like Dunkin’ and Starbucks are nixing surcharges.

Some brands of non-dairy milk are half the price of regular milk.

Kim Severson of the New York Times explains how Big Milk is trying to persuade a generation of almond and oat milk-drinkers to switch.

Milk prices have been volatile with the trade war and now the coronavirus pandemic, and dairy farmers are stretched thin.

Lots of industries rely on loss leaders to get you in the door while quietly raising prices on other products.

Many farmers are facing reduced demand for their products as well as falling prices.

Two major dairy processor-distributors have filed for bankruptcy protection in the past few months.

Some Canadians worry NAFTA replacement will flood markets with lower-cost U.S. milk and cheese.