“Pouring milk and killing cows” in many places! Dairy farmers: Some ranches can lose hundreds of thousands of dollars a month

“The fodder fee for a cow is about 80 yuan per day. No one collects the milk. A pasture with dozens of cows can lose hundreds of thousands of yuan a month. With no hope of seeing a good market in the short term, the cows can only be killed. Sell beef and stop losses in time.” Lao Li, a dairy farmer in Suzhou City, Anhui Province, who has raised dairy cows for more than 30 years, told Beijing Business Daily that currently the northern regions with large-scale dairy farming and sufficient supply, such as Hebei, Inner Mongolia, Shandong, etc. The phenomenon of “dumping milk and killing cows” has begun in some land, and the supply and demand of southern provinces and cities with less pastures are temporarily normal. | Related reading (Mingzhi Finance)

Li Xu

Those who have gone to school may remember the details of pouring milk into the river in Europe and the United States when they wrote about the limitations of capitalist economy in middle school textbooks. Unexpectedly, today, even if you are not in a capitalist country, you can still see the situation of pouring milk and killing cows, which is embarrassing.

In fact, the reason for pouring milk in books is basically the same as that of pouring milk in Hebei, Inner Mongolia, Shandong and other places today, both because the market is oversupplied. Now the balance of supply and demand is broken, mainly because of weak demand leading to oversupply.

In fact, from the second half of last year, we can already see the shrinking of the consumer market from the performance of consumer companies. Now it seems that the sluggish consumption has been transmitted to the production side, that is, the dairy farmers. This situation has to arouse vigilance.

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