dairy producer

America’s Largest Milk Producer Files for Bankruptcy

Dan Dairy, Economy, Industry News Release

(NAFB) — Dean Foods, a 94-year-old milk producer, is filing for bankruptcy. The largest milk producer in the country is struggling as Americans are no longer drinking as much milk from cows. This year has been especially difficult as company sales dropped seven percent in the first half of this year, with profits falling 14 percent. A CNN Dot Com …

dairy margin

Nation’s Number Two Milk Processor Continues to Close Plants

Dan Dairy, Industry News Release

Dean Foods, the nation’s number-two milk producer behind Nestle, continues to shutter businesses in cost-cutting moves. Milk Business Dot Com says supply-and-demand economics appears to be the driving force behind the downsizing. U.S. milk production is continuing to climb as the demand for fluid milk wanes. That’s been hard on Dean’s bottom line as the company reported a year-over-year eight …