Dean Foods Co., the largest U.S. milk bottler, cut its profit forecast last week. A day later, it amended an incentive compensation plan for senior executives, severing a link between earnings and some of their potential bonus payments.
A large federal law enforcement operation conducted Wednesday targeted businesses in Nebraska and Minnesota that officials say knowingly hired — and mistreated — immigrants who are in the U.S. illegally.
According to Rep. Collin Peterson (D-Minn.) the Dairy Revenue Insurance Program will benefit farmers more than USDA’s Margin Protection Program (MPP) has.
They're asking for $1/cwt on milk produced June through November.
The plant will produce about 300 million pounds of cheese and whey products annually.
Dairy farmers in the Midwest and High Plains could expand or build new dairies totaling more 80,000 cows.