The heart of the dairy crisis: Farmers receive, today, what farmers were paid in 1985, but that same amount of money held a lot more purchase power 34 years ago. Back then minimum wage was $3.35.
“Absolute breakeven is about $19 a hundredweight, now,” Anne explained. “When we took over they were saying $12 or $13 was breakeven. Now, it's $19. That doesn't include paying our bills; that's just to produce the milk.”