Chobani CEO appeals for help to end dairy depression

  • July 23, 2019

In this CNN report, Chobani CEO Hamdi Ulukaya points out the serious issues facing dairy farmers in the US. He says: “America has lost an average of five dairy farms per day for the last 10 years — close to 19,700 in all — but the dairy depression is never discussed publicly or in the news. Over 90% of America’s dairy farms are family-owned, with dairy generating an overall economic impact of more than $628 billion each year. And yet, although the farm bill that passed last year offers financial assistance, there’s a lot more Congress can do to help the small dairy farms that create high-quality nutrition for American families.”

Also: “Thanks to record-low milk prices, dropping dairy consumption rates, industry consolidation, global competition and unfair and untrue consumer fears that dairy causes everything from cancer to diabetes, America’s dairy farmers are facing their worst crisis since at least the Great Depression.”