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Got milk? A little too much of it

Oct. 13, 2016 4:03 AM ETWhiteWave Foods (WWAV) StockDF, LWAY, KHC, WWAVBy: Yoel Minkoff, SA News Editor10 Comments
  • America's dairy farmers are crying over spilled milk - the 43M gallons of it they have dumped in fields and elsewhere over the first eight months of the year.
  • The reason for the discarded liquid is that a glut has cut milk's price 22% since spring, to $16.39 per hundred pounds.
  • At that price, some farmers can’t afford to truck the dairy staple to market, sources told the WSJ.
  • Related tickers: WWAV, DF, LWAY, KHC

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