As consumers increasingly turn to milk alternatives and thousands of dairy farms are collapsing, milk producers are now faltering, too, putting thousands of jobs at risk and threatening their brands. …
Dean Foods Company announced that the U.S. Bankruptcy Court for the Southern District of Texas has entered a final order granting the Company authority to access the full amount of its $850 million in debtor-in-possession (“DIP”) financing. …
While many in the U.S. dairy sector focus on why the nation’s largest milk bottler, Dean Foods, filed for bankruptcy Nov. 12, the smart money—if there is any smart money left after four years of crushingly low milk prices—is focused on what’s next. …
Disruption” is a present-day buzzword, and dairy has had its share. From the globalization of markets to the rise of plant- and cell-based competitors, farmers are grappling with a shifting landscape, even as dairy farms themselves have changed. …
The U.S. dairy community remains a strong and diverse sector, achieving consistent growth in per capita consumption for 25 years in retail category worth over $100 billion. In fact, domestic dairy sales are up 2.5 percent as of August 2019. Cheese and butter are at all-time consumption highs. …
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