Declining milk prices have local dairy farmers concerned about the future of the industry. Wisconsin lost over 600 dairy farms in 2018, according to the Wisconsin Department of Agriculture, Trade and Consumer Protection. Rich Olson of Olson Family Farm in southern Door County says the current price of milk and other commodities are not rebounding yet.
The dairy industry contributes over $43 billion to the state’s economy every year. Olson says he is cautiously optimistic that the milk prices could be much better by later this year.