Posted by rrlund on February 03, 2009 at 16:11:35 from (216.46.213.214):
In Reply to: Re: Milk prices posted by kyhayman on February 03, 2009 at 15:22:05:
I just know I'm glad I'm out of it and quit when I did. Last time I talked to a friend of mine who was president of another local and was on Resolutions Committee with me,was early November. He was fuming back then. Said MMPA wasn't accepting any new members at that time because there was such a glut of milk,haulers were waiting up to 12 hours to unload. He said the Board of Directors had sent out a letter urging all members to freeze production,but then the district rep on the board was adding on to double the size of his herd. Another little guy with a big herd (if you get my drift) is constantly expanding too,just p!ssing everybody off even more. Guess what I'm getting at is,throughout history,there have always been SOME who don't have the good sense to keep supplies tight. Or as market analysts are fond of saying,the best cure for high prices is high prices.
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