Articles Tagged with ''milk''

Dean Foods Co. has reached an agreement to sell much of its business operations to Dairy Farmers of America for $425 million, pending approval by a federal bankruptcy court and the Justice Department.

Check out the first episode of Agri-Pulse Deep Dive on Dairy, a 30-minute podcast offering a comprehensive look at a wide range of issues facing the dairy industry.

Borden Dairy became the second major dairy processor to file for bankruptcy in the last three months this week as the company announced it had “initiated voluntary reorganization proceedings.”

A congressional agreement to fund the government for fiscal 2020 includes an additional $1.5 billion in disaster relief for farmers and would revive the biodiesel tax credit and extend it through 2022.

U.S. dairy farms welcome a jump in milk prices, but market joy is clouded by a battering of feed crops, long-term economic stress for many, and probable disappearance of USDA payments.

Though a grocery shopper may remain oblivious to the financial collapse of Dean Foods, a major milk processor and manufacturer, the industry is guessing how the firm's trip though Chapter 11 bankruptcy and expected sale to the Dairy Farmers of America will all shake out.

The largest dairy milk producer in the U.S. has begun Chapter 11 bankruptcy proceedings, citing “a challenging operating environment marked by continuing declines in consumer milk consumption.”

Department of Agriculture officials are grappling with producer skepticism along with privacy and inadequate publicity concerns as signup for 2020 Dairy Margin Coverage begins.

Dean Foods says it plans to leave the International Dairy Foods Association, saying one of the company’s key priorities – how to approach plant-based dairy alternatives using traditional nomenclature – is “no longer shared by the entire IDFA organization.”

House Democratic leaders are aiming to push through a stopgap spending bill this week after threatening a fight with the White House, and potentially with some of their own rural members, over a plan that could jeopardize farmers’ trade aid payments.