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| The pains of vertical integration. In a previous farm economy, higher feed costs should have reduced milk supply/herd size, thus driving up prices. Now dairies are factories that must be run until the bankers/investors scream mercy. Cash flow is king, it is a matter of who has deep enough pockets to wait out the competition. Who would have ever thought so many would want to milk cows so bad. | |
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Bloomber on Dairy $$$$
