Estimated number of commercial dairy cows in the U.S. as of Mar 2017 - a 20 year high - according to the Agriculture Department. Dairy farmers aggressively expanded their herds three years ago when milk prices were driven up by growing demand from middle-class consumers in North America, Asia and other markets.
Drop in milk prices since 2015. Major importers such as China, Russia, Venezuela scaled back their dairy purchasing in recent years due to domestic troubles. In addition, the EU greatly increased its dairy production after lifting 30-year-old quotas in 2015.
Value of U.S. dairy exports in 2016, a drop of 50% from 2014 levels.
145 million pounds
Amount of milk dumped by farmers in the U.S. Northeast from Jan - Jul 2018.