The price of milk in Chicago may be "rigged". [In fairness, everything in Chicago may be rigged] Actually, all milk prices are, but the system is getting way outta whack because, like all price fixing schemes, it cannot adjust to rapid changes in supply and demand.
For 2 percent milk,
In comparison, a gallon of milk in
What amazes me about all these agricultural economic schemes is how the apparent losers - small farms - are the most ardent supporters. Even as consolidation rolls over them - assisted by the government payments - they troop to Washington to demand more of the same.
Government intervention will ensure a handful of enormous farms - my guess is 35-50,000 - producing 90% of our ag output in my lifetime. And it will be small farmers who will make it possible.