The American Farm Bureau Federation (AFBF) is getting involved in the Dean Foods legal proceedings. The major dairy processor filed for Chapter 11 Bankruptcy in November of 2019. Dairy farmers who had previously sold milk to the company have been sent letters demanding repayment of previous milk checks. In the letters, producers are being threatened with legal action if they …
America’s Largest Milk Producer Files for Bankruptcy
(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 …
Nation’s Number Two Milk Processor Continues to Close Plants
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 …