Commodities

DFA to purchase a portion of Dean Foods’ assets for $433m

By Beth Newhart

After several months of back and forth following the Dean Foods bankruptcy, the Dairy Farmers of America (DFA) co-op is acquiring a majority of its assets for $433m. Prairie Farms Dairy will also get a portion for $75m.

“In times like this, the resilience of the human spirit is more visible than ever. It’s incredibly uplifting to see so many businesses and individuals stepping up.

Dairy donates time, money and food to the coronavirus pandemic

By Beth Newhart

The coronavirus is upending businesses and economies around the world, and the dairy sector isn't immune. While some aspects of the industry need stability and assistance, others are able to share their wealth and give back.

DFA is re-evaluating its options to submit another bid by the deadline.

DFA is no longer confirmed to purchase Dean Foods

By Beth Newhart

Though it was announced last month that Dean Foods and the Dairy Farmers of America (DFA) entered into an asset purchase agreement, that has been mutually terminated. The co-op is still in the running but is no longer the ‘stalking horse’ bidder.

“Do you provide paid sick leave for your employees? If not, will employees feel financially obligated to come to work even when sick?”

NMPF beefs up coronavirus resource website for dairy

By Beth Newhart

The National Milk Producers Federation (NMPF) in the US has set up a designated website for those in the dairy industry to utilize during the health crisis. It’s updating regularly with general information, work permit templates and multimedia resources.

US lays out new COVID-19 guidelines for food industry

By Beth Newhart

The Trump Administration released a set of coronavirus guidelines for all Americans, with special provisions for critical infrastructure industries like food and beverage. Brands have been adapting this week to the new reality, while keeping employee...

Rabobank is lowering its 2020 US demand growth projections from 0.8% to 0.5%, as consumers quarantine during the COVID-19 pandemic. Pic: Getty/Chinnapong

The ripple effects of COVID-19: A look into global dairy

By Beth Newhart

Rabobank assesses how the ‘corona hangover’ will impact global dairy markets in its latest report. Demand in China is already starting to bounce back after its virus exposure seems to have peaked, while the US will suffer in the coming months as cases...

US dairy groups pressure Senate to act on labor reform

By Beth Newhart

After the House of Representatives passed the Farm Workforce Modernization Act (FWMA) late last year, dairy organizations are reminding the Senate why they feel it’s crucial to the future of agriculture labor. Young farmers are also speaking out for essential...

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