Question: From the statistics discussed in class, it was pointed out that, while the number of farms has declined about 5% from 1990 to 2017, the

From the statistics discussed in class, it was pointed out that, while the number of farms has declined about 5% from 1990 to 2017, the number of farms with a dairy herd has declined by almost two thirds from 1992 to 2017. Also, the consolidation process has not affected all classes of dairy farms (and the geography of dairy production).

  1. What are the consequences of this process of consolidation for the performance of US dairy farms?
  2. How has the consolidation of the industry affected COVID-19's impact on dairy farms?

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