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No. 1 milk company declares bankruptcy amid drop in demand
WEAR-TV3 ^ | Tuesday, November 12th 2019 | by MICHELLE CHAPMAN

Posted on 11/12/2019 10:18:52 AM PST by Red Badger

Dean Foods, America's biggest milk processor, filed for bankruptcy Tuesday amid a steep, decades-long drop-off in U.S. milk consumption blamed on soda, juices and, more recently, nondairy substitutes.

The Dallas company said it may sell itself to the Dairy Farmers of America, a marketing cooperative owned by thousands of farmers.

"Despite our best efforts to make our business more agile and cost-efficient, we continue to be impacted by a challenging operating environment marked by continuing declines in consumer milk consumption," CEO Eric Berigause said in a statement.

Since 1975, the amount of milk consumed per capita in America has tumbled more than 40%, a slide attributed to a number of reasons but mostly the rise of so many other choices, including teas, sodas, juices and almond and soy milk.

(Excerpt) Read more at weartv.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; US: Texas
KEYWORDS: bankruptcy; dairy; foodsupply; milk; trends
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To: Red Badger

And the taxpayers subsidize the dairy industry to the tune of $400 million per year.


101 posted on 11/12/2019 11:56:39 AM PST by trublu
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To: Flaming Conservative

re: “Wow! Does that include the Dominos guaranteed delivery in 15 minutes?”

Speaking as one who has been “pizza swatted” (by 3 pizza joints at once) - I can say yes ...


102 posted on 11/12/2019 11:56:42 AM PST by _Jim (Save babies)
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To: newfreep

I love skim milk. Unsweetened almond milk tastes just like skim milk, but I can hardly make myself drink it. When I’m on a low carb diet, I buy it, but usually end up throwing it out.


103 posted on 11/12/2019 11:57:56 AM PST by Flaming Conservative ((Pray without ceasing))
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To: NachOsten

*** “The scary part, most fruit juices have more sugar content than coke” ***

Skim Milk gets pretty close as well


104 posted on 11/12/2019 11:59:59 AM PST by TexasTransplant (Damn the Torpedoes! Full Speed Ahead!)
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To: BuffaloJack

I did not know that.

There must be a reason.

That usually involves somebody in Congress relatives are making dough because of it....................


105 posted on 11/12/2019 12:16:29 PM PST by Red Badger (Against stupidity the gods themselves contend in vain...................)
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To: NachOsten

“The scary part, most fruit juices have more sugar content than coke.”

indeed. and some like orange juice have a higher glycemic index than 100, which i didn’t think was possible ...

fruit juice is horrible stuff ...


106 posted on 11/12/2019 12:19:05 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: HamiltonJay

I’m betting cheese, yogurt and butter consumption is way up.

And that’s a lot of milk.

Then again, producers have to deal with that psychological disease known as lactose intolerance.


107 posted on 11/12/2019 12:37:29 PM PST by Mariner (War Criminal #18)
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To: backwoods-engineer

$4 a gallon is expensive?


108 posted on 11/12/2019 12:38:55 PM PST by Mariner (War Criminal #18)
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To: poinq

“California and Florida are shrinking milk production because the land is more valuable for other purposes. “

CA is, by far, the biggest producer of milk/dairy in the country.


109 posted on 11/12/2019 12:43:15 PM PST by Mariner (War Criminal #18)
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To: Red Badger

“I did not know that.”
I goes back to the Roosevelt days and I’ll bet you’re right, someone in congress probably has a relative who’s raking in truckloads of cash keeping these laws in place.


110 posted on 11/12/2019 12:44:49 PM PST by BuffaloJack ("Security does not exist in nature. Everything has risk." Henry Savage)
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To: Red Badger
94079-C2-A-2263-4-EC4-9483-25082-E281-A1-D
111 posted on 11/12/2019 12:55:51 PM PST by CaliforniaCraftBeer
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To: Red Badger

Companies come and go. Where I lived, as a kid, it was Sealtest. Then Sealtest faded and Dean came out of nowhere. I am more tearful for Post’s decision to discontinue Rice Krinkles Cereal and Quaker’s dropping of Quake Cereal. I miss my Colgate shaving cream, too.


112 posted on 11/12/2019 1:06:53 PM PST by Dr. Sivana (There is no salvation in politics.)
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To: Dr. Sivana

We bought Sealtest products in the Memphis and north Mississippi area as a kid. They are gone?................


113 posted on 11/12/2019 1:15:34 PM PST by Red Badger (Against stupidity the gods themselves contend in vain...................)
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To: billyboy15

It’s nearly $4 gallon in TX at Walmart.


114 posted on 11/12/2019 1:21:22 PM PST by bgill
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To: MomwithHope

” Many people who think they are lactose intolerant are actually reacting to the A1 protein. “

That might be, but everyone I know who has taken lactase supplements (including me) finds they work, to some degree. For me they are 100% effective, as long as I don’t ingest ridiculously huge amounts of dairy products.

I had never even heard of the company in this article as most or all of the milk available here comes from farms in the Yakima Valley and Darigold.


115 posted on 11/12/2019 1:35:16 PM PST by steve86 (Prophecies of Maelmhaedhoc O'Morgair (Latin form: Malachy))
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To: Red Badger
We bought Sealtest products in the Memphis and north Mississippi area as a kid. They are gone?................

We bought their milk and ice cream in Connecticut. I see some Sealest products once in a blue moon, and I haven't seen it in CT for a LONG time.
116 posted on 11/12/2019 1:45:21 PM PST by Dr. Sivana (There is no salvation in politics.)
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To: Dr. Sivana

https://en.m.wikipedia.org/wiki/Sealtest_Dairy


117 posted on 11/12/2019 1:52:53 PM PST by Red Badger (Against stupidity the gods themselves contend in vain...................)
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To: billyboy15

Consider what it takes to put a gallon of milk on the store shelf. Even at $3.00 a gallon it is cheap and considering how good it is that is even dirt cheap to me.

My wife pays $4.46 a HALF-gallon for the Horizon Organic milk because she thinks it tastes better and lasts longer even though it seldom stays in the ice box more than a few days. Some battles you just concede.


118 posted on 11/12/2019 2:13:49 PM PST by Sequoyah101 (We are governed by the consent of the governed and we are fools for allowing it.)
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To: Dr. Sivana

They are still up here in Canada. It’s weird that some brand names survive after they have disappeared in their prime markets. When Esso became Exxon in the US the rest of the world still retained the Esso brand. Now Toys R Us is gone it still exists up here.


119 posted on 11/12/2019 2:17:51 PM PST by xp38
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To: Politically Correct

They are very very small.


120 posted on 11/12/2019 2:20:48 PM PST by Sequoyah101 (We are governed by the consent of the governed and we are fools for allowing it.)
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