Dairy farmers and industry professionals gathered to hear updates, outlooks and trends in the industry during the 2020 Dairy Strong Conference.
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Editor's note: The original article has been updated with market outlook information.
The USDA’s January 2020 Milk Production report didn’t contain any major surprises, although cow numbers continue to bounce higher off last summer’s lows.
One of 44 Dean Foods’ plants on a list of facilities to be sold to Dairy Farmers of America (DFA) could be closed before the bankruptcy transaction is completed.
Digest Highlights
- February dairy margins weaken but still strong
- DMC margins staying above $9.50
- Global Dairy Trade index lower
- California quota program ‘sunset’ proposal hits a snag
- House members pressure FDA on ‘dairy’ labels
- California dairies dramatically reducing carbon, water footprints
- Darigold expanding production of FIT
- ‘Making More From Milk’ course planned in Wisconsin
Dairy Farmers of America (DFA) and Dean Foods announced an agreement for the farmer-owned cooperative to acquire a substantial portion of Dean’s assets and business for a base purchase price of $425 million.
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