Thank you for the lecture. But last time I checked, farmers cannot sell unprocessed milk to anyone, so not sure where you got the extra milk from, unless COVID makes cows produce more milk. The logical conclusion IMO is that the processing capacity was reduced based on wrong predictions and then it wasn’t ramped back up.
About being cynical, I’m just pointing out another option. Your view is to believe corporate statements. It’s quite easy to say supply chain issues, COVID and let people like you fill in the gaps.
But when I look at the profits posted over the last 12 months, I have a hard time believing that all of these companies struggling with supply chains reacted so quickly and adjusted to make record high profits.
This downturn when compared to all others before it, simply defies logic, so yes I’m a bit cynical.
About being cynical, I’m just pointing out another option. Your view is to believe corporate statements. It’s quite easy to say supply chain issues, COVID and let people like you fill in the gaps.
But when I look at the profits posted over the last 12 months, I have a hard time believing that all of these companies struggling with supply chains reacted so quickly and adjusted to make record high profits.
This downturn when compared to all others before it, simply defies logic, so yes I’m a bit cynical.