Drying Up Government Aid Set to Rock U.S. Dairy Producers
- Date: 09-Oct-2020
- Source: Bloomberg
- Sector:Agriculture
- Country:Middle East
Drying Up Government Aid Set to Rock U.S. Dairy Producers
America's dairy farmers could face another price hit this year as a slowdown in government purchases combines with reduced demand from schools.Dairy products have gotten a boost from the U.S. Department of Agriculture's Farmers to Families Food Box program, which includes plans to buy as much as $4 billion worth of food to distribute to those in need. The government purchases have helped to send milk prices on a tear recently. But the program is slated to wind down, and concerns are