Milk Sales Plummet by $1.1 Billion in 2018
Sales of dairy milk plummeted by $1.1 billion in 2018 according to statistics revealed by the Dairy Farmers of America during its annual meeting. In 2017, sales of dairy products amounted to $14.7 billion and dropped by eight percent to $13.6 billion in 2018. Despite claims that low milk prices are to blame, the dairy industry is facing extinction due to a consumer shift toward plant-based alternatives.
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