Three approaches to the milk glut

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copyright the Chronicle February 17, 2016

by Nathalie Gagnon-Joseph

All currency exchanges were calculated on Sunday, February 14, except for the retail prices, which were calculated on February 15.

The past year wasn’t great for the dairy industry.  Global demand for milk dropped significantly, cutting into exports and creating milk surpluses everywhere.

The reduced demand can largely be attributed to the Russian embargo on products from the United States and the European Union in response to sanctions for invading Ukraine.

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