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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: mad_as_he$$

re: “They call it “milk” because no one in marketing wanted to sell nut juice.”

Milk - both a noun AND a verb ...


61 posted on 11/12/2019 10:58:35 AM PST by _Jim (Save babies)
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To: Maine Mariner

re: “price controls.”

My mind’s eye read that as “gouge controls.”


62 posted on 11/12/2019 10:59:33 AM PST by _Jim (Save babies)
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To: backwoods-engineer

Other than that it’s fairly inexpensive.


63 posted on 11/12/2019 10:59:40 AM PST by Balding_Eagle ( The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: carriage_hill

Wow, I look just like that milkman...


64 posted on 11/12/2019 11:00:01 AM PST by polymuser (It's discouraging to think how many people are shocked by honesty and ho few by deceit. Noel Coward)
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To: Red Badger

If this is true, then why is milk so expensive?................

Government!!!!


65 posted on 11/12/2019 11:00:07 AM PST by tallyhoe
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To: backwoods-engineer

Milk is expensive because of a) government regulations, b) government regulations, and c) government regulations.

Milk is cheap overall. The regulation on milk is needed.


66 posted on 11/12/2019 11:00:10 AM PST by setter
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To: Red Badger

My family has been doing our part! Milk keeps getting more and more expensive. I’m seriously considering adding a few dairy sheep to my farm.


67 posted on 11/12/2019 11:00:57 AM PST by Ellendra (A single lie on our side does more damage than a thousand lies on their side.)
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To: mad_as_he$$

LOL! Wiping up the spewed milk.


68 posted on 11/12/2019 11:02:10 AM PST by polymuser (It's discouraging to think how many people are shocked by honesty and ho few by deceit. Noel Coward)
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To: Red Badger

I wonder if Dean Foods were unionized? A quick internet search shows their drivers appear to be. I remember years ago when Hostess went under it was because of the inflexibility of their union drivers. A real case of the “tail wagging the dog.”


69 posted on 11/12/2019 11:03:53 AM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: Meatspace

Yep! They already are saying they screwed themselves by not unionizing. Ugh!


70 posted on 11/12/2019 11:04:09 AM PST by napscoordinator (Trump/Hunter, jr for President/Vice President 2016)
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To: CondoleezzaProtege

???
Homogenized and pasteurized is ‘over processinized’?


71 posted on 11/12/2019 11:05:07 AM PST by Balding_Eagle ( The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: BradyLS
I wonder if Dean Foods were unionized?

Yes.

72 posted on 11/12/2019 11:06:33 AM PST by Harmless Teddy Bear (A hero is a hero no matter what medal they give him. Likewise a schmuck is still a schmuck.)
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To: dfwgator; stylecouncilor

Perfect


73 posted on 11/12/2019 11:07:27 AM PST by windcliff
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To: DCPatriot

re: “Whole milk is $1.59 @ gallon at Wegman’s ....all day, everyday.”

We pay $1.59 a HALF gallon for Kroger brand at Kroger near Dallas. A sale bring it down to $0.99


74 posted on 11/12/2019 11:08:35 AM PST by _Jim (Save babies)
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To: windcliff


75 posted on 11/12/2019 11:12:09 AM PST by dfwgator (Endut! Hoch Hech!)
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To: Red Badger

Perhaps a tangential cause that isn’t given much thought, 1970 being when the effects of Hart-Cellar began to be noticed, is the larger percentage of population stock that is genetically predisposed to lactose intolerance.


76 posted on 11/12/2019 11:12:13 AM PST by Mr. Blond
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To: Paradox

I believe the other major factor is that we do not eat as much cereal as we used to back in the 1970’s.
Therefore, we don’t consume as much milk.


77 posted on 11/12/2019 11:16:28 AM PST by woodbutcher1963
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To: Red Badger

North Central Florida milk is about $2.37/gal. at Walmart and $4/gal. at Publix. There’s a BP gas station near here that sells beer at a price comparable to the grocery stores, but T.G. Lee milk is $6/gal....


78 posted on 11/12/2019 11:16:31 AM PST by jeffc (The U.S. media are our enemy)
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To: jeffc

... and $3.25/gal at the DG directly across the street from the BP...


79 posted on 11/12/2019 11:19:12 AM PST by jeffc (The U.S. media are our enemy)
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To: carriage_hill

Divco milk truck photo....

Wow. Brings back memories. They were built a few miles away from my childhood home (suburb outside of Detroit). Drivers stood to drive and could hop in and out without a door.

Twin Pines milk deliveries to our area.

I still love to drink milk and eat yogurt.

I resent the people under 50 who do so much I dislike including abandoning milk products. And dvds, cds, printed books, printed magazines, and so much more. Oh-—and the American Way of Life and the American flag and our freedom.


80 posted on 11/12/2019 11:20:00 AM PST by frank ballenger (End vote fraud & harvesting,non-citizen voting & leftist media news censorship or we are finished.)
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