Dairy: Supply and Demand Stories

🫧 Open on Bubbles Here’s a modest puzzle: The quantity supplied of milk is way up, but the price is also way up. One usually expects higher supply to drive down the price. What’s happening? Here’s a meandering commentary on supply and demand in US dairy. On the supply side, Jeffrey Gillespie and Eric Njuki of the US Department of … Continue reading Dairy: Supply and Demand Stories The post Dairy: Supply and Demand Stories first appeared on Conversable Economist.