MegaMilk: Charting Consolidation in the U.S. Dairy Industry #infographic

MegaMilk: Charting Consolidation in the U.S. Dairy Industry #infographic

The dairy industry today looks very different from the way it did 30 years ago.

In that time period, milk production in the U.S. has increased by a whopping 50 per cent — and the total number of dairy farms has dropped by three quarters.

Smaller and larger farms today hold the lion's share of all inventories of U.S. milk cows. While they have the ability to produce more competitively priced dairy products and offer more value to consumers, this causes small farmers to suffer financial devastation.

The graphic above uses USDA data to charts the rapid growth of the American dairy industry from 1992 to 2017.

MegaMilk: Charting Consolidation in the U.S. Dairy Industry #infographic

infographic by: www.visualcapitalist.com

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