Pricing Pressures

At least $100m per month in dairy product purchases has been earmarked for distribution to the public through food assistance programs. Pic: Getty Images/Matt Anderson

Dairy groups react to $19bn disaster package

By Jim Cornall

The National Milk Producers Federation expressed appreciation to Agriculture Secretary Sonny Perdue for including dairy in the US $19bn agriculture disaster assistance package, while noting that more will be needed to stem steep losses in the dairy sector.

The Wisconsin Dairy Alliance says a stronger proposal is that of the Minnesota Milk Producers Association, which is pitching the Dairy CORE Program. Pic: Getty Images/Matt Anderson

Alternatives to Milk Crisis Plan emerge

By Jim Cornall

Last week, the National Milk Producers Federation (NMPF) and the International Dairy Foods Association (IDFA), submitted a request for assistance – The Milk Crisis Plan – to Agriculture Secretary Sonny Perdue.

The EDA said it is looking for immediate action by the EU.

EDA ramps up pressure for activating Private Storage Aid

By Jim Cornall

The European Dairy Association (EDA) says it is shocked and concerned that EU Commissioner Janusz Wojciechowski has not yet responded to its letter, and is counting on EU Member States at next Monday’s videoconference of the Special Committee on Agriculture...

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.

Snacks and plant-based products showed growth in Finland.

Valio issues 2019 financials

By Jim Cornall

Finnish dairy cooperative Valio Group’s net sales were €1,787m ($1.98bn) in 2019, representing 3% growth from the previous year.

“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.

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