Nearly 20 Percent of New Hampshire Dairies Fold in Recent Months

October 4, 2016 02:13 PM

Officials in New Hampshire are calling an emergency meeting to discuss help for the state’s dairy farmers who are struggling with low prices and drought.

In the last few months, close to one-fifth of New Hampshire’s 120 dairies have boarded up its doors.

Officials say only 101 remain. In comparison to the last four years combined, the state lost 10 dairies.

With a surplus of milk both in the U.S. and across the world, farmers are forced to sell below production costs.

According to ABC News, farmers lost $7 million in 2015, and milk prices are 38 percent lower than a few years ago. 

No emergency money is budgeted from the state for disaster assistance, and legislators are meeting to discuss possible aid for farmers.

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