Daily Archives: April 28, 2005

Cheese Trade Causing Problems For Dairy Farmers

Cheese Trade Causing Problems For Dairy Farmers


 
Some days, you really learn just how dependent we are on trusting others to pay a fair price for goods and services.  This article comes by way of A.V. Kreb's Agribusiness Examiner.  A group of dairy farmers is protesting the ability of Big Dairy to manipulate prices to the advantage of the buyers.



IT'S A STRUGGLE BETWEEN
SMALL DAIRY FARMERS
AMD MULTINATIONALS IN
MERC CHEDDAR CHEESE PIT

JEREMY GRANT, LONDON FINANCIAL TIMES: Every morning, about 30 people gather in a corner of the Chicago Mercantile Exchange to conduct one of the world's most unusual auctions: buying and selling cheddar cheese.

Traders with telephones pressed to their ears shout orders to two men standing in front of a white board, on which they mark up bids and offers. The session is the only one of its kind in the U.S. and probably one of the shortest commodity auctions, never lasting more than 15 minutes.

Cheese trading has carried on largely unnoticed for years, but this week it has become an unexpectedly public battleground in the struggle between small farmers and “big dairy” multinationals.

A coalition of farmers and consumer groups gathered outside the exchange on Monday, many dressed in cow suits, to protest against alleged price manipulation on the market. Their targets were dairy co-operatives such as the Dairy Farmers of America, the largest grouping in the country's second biggest agricultural sector, and multinational food companies such as Kraft Foods.
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Darfur Benefit Dinner in Iowa City April 30th

Darfur Benefit Dinner in Iowa City April 30th Iowans For Peace and Sudanese Community Services present: DARFUR BENEFIT DINNER 100% of admissions go to refugee relief in Darfur SUDANESE CUISINE, SPEAKERS, MUSIC Saturday, April 30 Wesley Center, 120 N. Dubuque … Continue reading

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