In a February opinion post on TheHill.com titled "Is Dairy the new tobacco?", Gene Baur, president and cofounder of Farm Sanctuary, suggested the dairy industry has many negatives in common with the tobacco industry.
Going into 2018, the global dairy industry is looking at a number of challenges. On the commodity side, lower pricing, thanks to an oversupply of skim milk powder, particularly in the European Union (EU), and weakened demand in the fourth quarter certainly have been concerns, said Thomas Bailey, senior dairy analyst for Rabobank, a global cooperative bank.
