US dairy giant Dean Foods has withdrawn its full-year earnings guidance after fluid milk price volatility in the second quarter left its results looking "rocky."
Dairy Farmers of America (DFA) and its marketing arm Dairy Marketing Services (DMS) have agreed to pay a total of US$50m (€37m) to settle a class action lawsuit that alleged a conspiracy to drive down raw milk prices in the Northeast United States.
European dairies Nestlé, Danone and Lactalis made up the podium in the latest Rabobank Dairy Top 20. Can you guess how the likes of Fonterra, Saputo, Yili and Mengniu lined up?
Ultra-high temperature processing (UHT) is a “great avenue” for product innovation within the US dairy industry, executives from Dean Foods and HP Hood believe.
A dismissed antitrust lawsuit alleging a “conspiracy not to compete” between Dean Foods, Dairy Farmers of America (DFA) and National Dairy Holdings (NDH) has been reinstated by a US federal appeals court.
Dean Foods, Nestlé USA, Dannon, Saputo and Kraft Foods are among scores of US dairy processors calling on the Senate to accept a version of the 2013 Farm Bill that omits a program designed to periodically limit milk supplies.
US standards of identity for dairy have “served to limit the size of the domestic market” by protecting existing categories at the expense of new, innovative products, WhiteWave Foods chairman and CEO Gregg Engles has claimed.
US dairy giant Dean Foods plans to speed-up the efficiency-driven closure of up to 15% of its processing facilities in an effort to offset the impact of increasing market competition and its falling share of fluid milk sales in the country.
Dean Foods has announced plans to close its Springfield, Virginia dairy plant within the next two months - a move which will see the end of its Shenandoah’s Pride brand and eliminate 110 jobs.
US dairy giant Dean Foods has approved the spin-off of a portion of its remaining stake in The WhiteWave Foods Company to its shareholders – a move that will leave the Dallas-based dairy processor with a minority stake in the company.
US dairy giant Dean Foods plans to “accelerate” its existing cost reduction efforts in 2013 in an attempt to minimise the impact of an anticipated decline in private label milk volumes.
