Today I have been on the phone with a number of dealers across the country. The topic of falling milk prices came up a number of times. Milk prices effect the dairy equipment dealer as well as the dairyman. The one comment that I heard of number of times throughout the day was that many of the dairymen had put money aside during period of high milk prices that they were enjoying, until recently. I hope many of them did. The dairy business is very cyclical. Anyone in this industry for a couple of years knows how quickly things can change.
I live in Wisconsin. When I moved here we had a number of winters in the 30's. Not a lot of snow and very few cold days. That doesn't last forever. It is Wisconsin! It is cold from November to May (sometimes June). Everybody here knows it and deals with it. So what is my point? It is the dairy industry. It fluctuates. That's what it does.
I can only hope that the dairymen and women of today have put aside enough to make it through the falling prices. I looked at the futures today and the prices turn back upward after bottoming out in February. Let's think positive.
Suzanne
Tuesday, January 6, 2009
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