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Published: May 26, 2009
Milk glut squeezes farmers, buyers
BARNHART, Mo. — A collapse in milk prices has wiped away the profits of dairy farmers, driving many out of business while forcing others to slaughter their herds or dump milk on the ground in protest.
But nine months after prices began tumbling on the farm, consumers aren’t seeing the full benefits of the crash at the checkout counter.
The average price for a gallon of milk at grocery stores last mont...
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