'In the News: Pricing of Milk\r'

'This course of instruction so far draw sales contrive decreased and dairy farmers are stuck with large amounts of gillyflower that they cant do anything with. This called for them to lower the price of the draw to beneath three dollars a gallon in hopes that muckle would debase more milk. The content of this article is relevant to the class because it covers supply and demand. In addition to this it to a fault covers business strategy. Ultimately dairy farmers were making a lot more money in 2014 because in that respect was a very high demand for milk.When milk ales decreased the dairy farmers were left with origin that they could not do anything with. At this point they had to make a decision to try to save some of the inventory they had left over. In regards to food products Its a lilliputian different compared to items that do not have a sell by date. Milk expires after a certain day and it can no long-range be sold. For this reason the dairy farmers and retailers wer e forced to sleep with costs to try and get more quite a little to but more milk. This could ultimately fix their overstock problem.By lowering he cost they were hoping that people would buy more milk. If people purchase more milk it can potentially help them get liberate of left over inventory. This can also be bad for dairy producers because it they are losing money on every gallon of milk they sell. If they purchased more solemn machinery and hired more workers they may have to order people off due to plummeting costs.\r\n'