Monday, April 23, 2018

WALMART MUSCLES IN ON MILK INDUSTRY

  Smith confirms that Walmart’s decision to open a milk bottling plant in Fort Wayne, Ind., played a part in the decision to fire the dairy farmers. “The introduction of new plants at a time when there is an industry-wide surplus of fluid milk processing capacity forced us into this position,” she said.
   According to Matt Gould, a dairy industry analyst based in Philadelphia, the new Walmart plant, which is supplied by its own cows and will be able to produce about 3 percent of the total annual US milk, could not have come at a worse time for farmers.

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