Light at the end of the tunnel?

It's been almost a month since my last posting.  Not much has changed concerning milk pay prices, they're still too low, but moving up slowly. Received $11.40/cwt for September's milk, production costs are still in the $16.00+/cwt range.

It's taken several months since our loan matured (and funds not available) for us to work out a six month renewal loan.  Hope to be signing documents next week for the new funds.  Had to give a 2nd lien on property to secure the renewal.  The song "Owe my soul to the company store" come to mind with this loan deal.  Higher interest, lower credit limit, and a extra payment to the bank is in our future.

The number of cows going out of production in the latest CWT bid will be known in the next couple of weeks.  Wonder if another 75,000 cows will be exiting the nation's herd?  Another 350-400 dairy men and women will be calling it quits by year's end.  Sad to see them go, but at least (hopefully) they will be able to save their families from financial ruin.