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6 Colorado dairies file for bankruptcy this year
ap ^ | September 22, 2009

Posted on 09/22/2009 7:08:29 AM PDT by george76

Six Colorado dairies have filed for bankruptcy protection this year amid banking problems and low milk prices.

Four of the banks had loans from Greeley-based New Frontier Bank, which collapsed in April...

Bob Winter, a member of the Colorado Farm Bureau, says he believes more Colorado dairies are preparing to file for bankruptcy protection

(Excerpt) Read more at gjsentinel.com ...


TOPICS: Agriculture; Business/Economy; Food; Pets/Animals
KEYWORDS: bankruptcy; bhoeconomy; dairies; economy; farmers; farming; milk
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1 posted on 09/22/2009 7:08:29 AM PDT by george76
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To: george76

Low milk prices? We pay $5.49 a gallon for the pure stuff.


2 posted on 09/22/2009 7:11:09 AM PDT by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
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To: george76

Makes ya wonder why Obama had milk cows slaughtered, eh? Just like FDR......
And chickens,too. Let Cherries rot on the tree...won’t let water to the farmers in California......

You ain’t seen bad, but it’s comin’.


3 posted on 09/22/2009 7:14:10 AM PDT by Freddd (Government run health care=paying more and being denied what we already have.)
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To: Freddd

That no water to farmers in Calif even has the local DUmmies mad.

Not much national media .


4 posted on 09/22/2009 7:17:36 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

Are the individual dairies listed anywhere online?


5 posted on 09/22/2009 7:23:29 AM PDT by La Lydia
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To: wolfcreek
Low milk prices? We pay $5.49 a gallon for the pure stuff.

"Pure stuff"?

Milk around here is in the $2.50 a gallon neighborhood. (Wyoming/Colorado)

6 posted on 09/22/2009 7:25:22 AM PDT by TChris (There is no freedom without the possibility of failure.)
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To: wolfcreek
You're shopping in the wrong place.
2 % is $2.70 here. Whole milk is a dime higher.
7 posted on 09/22/2009 7:25:28 AM PDT by Eric in the Ozarks
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To: wolfcreek

Organic Dairies will continue to make money. They are not tied into the government dairy plans. Some people like milk with out the puss.
My father in Law came from a dairy family. Back in the day you could make a living with 20 dairy cows, they all had pasture time and ate grass.


8 posted on 09/22/2009 7:25:32 AM PDT by Colvin (Harry Reid is a sap sucking idiot.)
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To: La Lydia

Not that I have seen.


9 posted on 09/22/2009 7:33:31 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: TChris

2 for $4.00 here in Wisconsin and our dairy guys are hurting real bad too...farmers of all types are taking it on the chin.


10 posted on 09/22/2009 7:35:27 AM PDT by MNlurker
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To: wolfcreek; george76
Maybe this is part of the problem:

The Cooperatives Working Together herd retirement program is industry-funded and is designed to reduce milk production in the United States which would then improve prices. Under the program, dairymen submit a bid on the number of cows they want to retire. They are paid that amount based on the previous 12-months production of those cows, which are then sent to slaughter. The dairy producer also is paid the value of that cow that goes to slaughter.

As example, if a dairy has an average production of 20,000 pounds per cow, and the bid was accepted at $5 per 100-pounds, then he would be paid $1,000 per cow plus the value of that cow when it is sold at slaughter. Members of CWT pay the cooperative 10 cents per hundred pounds of milk produced, and the cooperative then decides whether to use that money in a herd retirement program or to use it for some other program, such as milk product export enhancement.

11 posted on 09/22/2009 7:37:59 AM PDT by La Lydia
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To: La Lydia

In the mid 90’s small family dairies were going out of business because of age. Comes along the California Mega Dairy concept, and begins locating the 3000 cow dairies all over southern Kali, then to New Mexico, Texas, Kansas, Colorado, and Nebraska. Most of the Mega operators were making a million dollars a month on the high prices plus the government support price. Now that they have oversaturated the market, and the prices are slipping, they want to whine. It is only natural selection. Milk plants, ice cream plants, and cheese plants have gone up all over the Great Plains to try to utilize the milk glut. Once the fat cats get trimmed back to one dairy each instead of 4-5 of the Mega Dairies, then stability will return to the market. But, alas, the poor fellows wont be able to make but a quarter million dollars a month then. Such is capitalism.


12 posted on 09/22/2009 7:45:20 AM PDT by Concho
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To: george76

The poor dairy farmers haven’t found out yet how to “milk” they system! LOL!


13 posted on 09/22/2009 8:15:45 AM PDT by US Navy Vet
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To: Concho

Nice post.

Add to that the fact that we are increasingly a nation of people of color. Most people of color cannot tolerate milk & milk products past their youth. I just read the other day that more adults (I assume they meant more Caucasian adults) were becoming lactose intolerant. We’ve got a ton of aging baby boomers, who may be becoming more lactose intolerant as they age. There’s just less need for milk.

Cows milk is for cows. We were never meant to drink cows milk past the time you might need it if mother’s breast milk were unavailable. Plenty of cultures in the world get by without it.

Need ‘milk?’ Drink almond, rice, or soy milk.


14 posted on 09/22/2009 8:21:22 AM PDT by radiohead (Buy ammo, get your kids out of government schools, pray for the Republic.)
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To: radiohead

THose cultures generally can’t afford cows, which is why they don’t have cows milk, the drink and eat goat milk instead.


15 posted on 09/22/2009 8:25:42 AM PDT by HamiltonJay
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To: radiohead

I’m not all so sure about there being less need for milk. There is some lactose intolerance, yes, the main problem is oversupply. There is way more milk coming on than there is market, and the Mega operators are busy building more bigger dairies. Fly over the Texas panhandle at night and look down at the glowing milk barns. It looks like a city down where it ought to be dark fields.

You wont find any of that fake milk in my house. Milk is milk, it comes from cows, not soybeans.


16 posted on 09/22/2009 8:27:02 AM PDT by Concho
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To: Eric in the Ozarks; TChris

Pure stuff = no additives, no hormones, no antibiotics


17 posted on 09/22/2009 10:51:30 AM PDT by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
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To: wolfcreek

I think there are Mennonites or like group hereabouts who make this product available.


18 posted on 09/22/2009 10:59:29 AM PDT by Eric in the Ozarks
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To: La Lydia

Cooperatives = Communism

No wonder they’re losing money.


19 posted on 09/22/2009 11:01:08 AM PDT by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
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To: Eric in the Ozarks
That's a good deal if it's organic/free range.

I drink it because there's enough problems with growing old. Don't need all those extra chemicals to further mess with my system.

20 posted on 09/22/2009 11:04:41 AM PDT by wolfcreek (http://www.youtube.com/watch?v=Lsd7DGqVSIc)
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