Milk Revival Boosts Battered Farmers In Key States For Trump [Investor's Business Daily]
DEAN FOODS (DF)
Last dean foods earnings: 8/6 06:45 am
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Source: Investors Business Daily
Struggling dairy farmers are finally getting some relief after a wave of closures that hit particularly hard in the presidential election battlegrounds of Wisconsin and Minnesota. Even as Americans drink less milk, prices on commodity markets have surged to five-year highs, providing some help to those still operating. While it may be too late to save many farms, the turnaround eases the financial pressure on a swath of President Donald Trump's rural base ahead of next year's election. The Trump campaign is trying to pick up Minnesota, which he narrowly lost in 2016, and fighting to hold onto neighboring Wisconsin, which he won last time by fewer than 23,000 votes. Dairy is especially important to Wisconsin. "America's Dairyland" as the slogan reads on the state's license plates. Residents embrace the nickname "Cheeseheads," and foam cheese-wedge hats are staples at sports events and tourist shops. Towns across the state depend on the money dairy farmers spend at equipment dealers, fe
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