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Bankruptcy

: The Debt Podcast

Dairy Farmers in Crisis Should Consider Chapter 12 Bankruptcy

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Dairy farmers in Upstate New York are facing a crisis.  While the cost of milk at the grocery store continues to climb, the price dairy farmers receive has not.  Farmers are currently receiving $13.33 per hundredweight.  This is $4.25 below the cost of production in New York, even in the most efficient dairy farms.  Even the safety [...]

Full post as published by The Debt Podcast on June 27, 2009 (boomark / email).

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