> That's not the only problem Dean Foods has faced. Walmart (WMT), which was one of Dean Food's biggest customers, dropped them last year after building its own dairy plant.
Burying the lead here... I’m sure that had an outsized impact on them.
Burying the lead here... I’m sure that had an outsized impact on them.
> The trouble started in 1930s with "marketing order" regulations. Those rules set minimum prices that dairy processors must pay to dairy farmers in 10 regions of the country. Today, about two–thirds of milk is produced under federal marketing orders, and most of the rest is produced under similar state schemes such as California's.
> Marketing orders limit competition, because entrepreneurs are not allowed to supply milk at less than the government prices.
> On top of marketing orders, Congress added a dairy price–support program in 1949. This program helps to keep prices high by guaranteeing that the government will purchase any amount of cheese, butter, and dry milk from processors at a set minimum price.
> The Government Accountability Office compared U.S. dairy prices to world prices over the period 1998 to 2004. It found that U.S. prices for butter averaged twice the world price, cheese prices were about 50 percent higher, and dry milk prices were 24 percent or more higher.
On the assumption that insourcing your milk production effectively exempts you from the price floor on outsourced milk, what's surprising is that there are grocers that don't do this.
On one hand, this is encouraging decentralization of milk production. Which at first sounds neat.
But that probably isnt more efficient; the market is distorted.
Or perhaps not.[0]
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[0] https://www.poynter.org/reporting-editing/2019/lead-vs-lede-...
(I write "lede" all the time, and it is totally an affectation).
There isn't any usage that I can think of where it would be the only "correct" way to write something; it's stronger than a comma but weaker than a period.
(I don't ever use semicolons normally. Was just trying to show some examples.)
Therefore lede is a more clear and appropriate though somewhat less widely-understood word.