News

Dean Foods bankruptcy could benefit area farmers

Dean Foods announcement that it's filing for Chapter 11 bankruptcy protection could benefit dairy farmers in Door and Kewaunee counties.  The company's decision is based on low milk prices, the loss of some larger customers and a drop in consumer demand for fluid milk.  Dean Foods is also in negotiations for a possible sale to the Dairy Farmers of America cooperative, or DFA.  Greg Letter, the owner of Thunderstruck Holsteins of Brussels, says if DFA were to acquire Dean Foods that could work to the advantage of local dairy farms.

 

 

Dean Foods has reported losses in seven of the last eight quarters of operations.  If Dean and the Dairy Farmers Association do come to a sales agreement, it would still be subject to higher offers from other bidders.

Search Our Site

Current Weather

STURGEON BAY WEATHER

CANCELLATIONS

Poll

Will you follow the newest CDC guideline for vaccinated people to wear masks in public indoor facilities?
Add a Comment
(Fields are Optional)

Your email address is never published.

Birthday Club

Sports Poll

Do you agree with Aaron Rodgers and the Green Bay Packers' decision to bring back Randall Cobb?
Add a Comment
(Fields are Optional)

Your email address is never published.

Obituaries are provided as a service of the

Schinderle Funeral Home of Algoma

Obituaries

Click Here for more Obituaries

Obituary posting fee is $25

Newsletter

Sign up for our Daily Electronic Newspaper!

Get the latest news with our Daily Electronic Newspaper delivered to your inbox.

Get the latest updates for Big Deals delivered to your inbox every Monday, Wednesday & Friday.