Assignment:
When we think of commodity markets, we may think of oil and steel, but consider milk. It has the same booms and busts as other commodity markets.
Please read this article. Then comment on milk prices. If you were a milk producing company (say a large corporate dairy farm), what would you do to shield yourself from fluctuations in milk prices? What would a milk consumer corporation like Kraft do?
https://www.npr.org/sections/thesalt/2016/08/05/488708017/why-do-milk-prices-spike-and-crash-because-its-like-oil