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Top U.S. Milk Processor Struggling

Dan Dairy, Industry News Release

A new report shows that Dean Foods Company is struggling amid slowing milk sales and rising costs. The news comes as Dean’s largest customer, Wal-Mart Stores, is preparing to open its own milk processing plant, reducing its reliance on Dean. The Texas-based milk supplier this week cut its per-share profit expectations nearly in half. Shares of Dean Foods are down …