dairy farmers of america revenue
The Cooperative has invested in 42 DFA-owned manufacturing plants, joint-venture partnerships with private-label food marketing companies, as well as partnerships resulting in specially formulated ingredients, products and packaging. DFA markets members' raw milk and sells milk and derivative products (dairy products, food components, ingredients and shelf-stabledairy products) to wholesale buyers both domestically and abroad. This decrease is primarily a result of lower milk prices. As part of the deal, Dairy Farmers of America, an agricultural cooperative that represents roughly 14,000 dairy producers, would acquire 44 of Dean's plants. DFA also acquired Cumberland Dairy, a processor of ultra-pasteurized dairy products, in 2017. [9] In 2014, DFA acquired Oakhurst,[10] and Dairylea Cooperative Inc. merged with the farmer-owned Cooperative. Due to COVID-19 pandemic, the market has been facing the decline in consumption of dairy … Dairy Farmers of America, Inc. (DFA) operates as a dairy cooperative. From a full kitchen serving up dairy-based menu items to an expanded tasting room, The Creamery utilizes milk from local DFA farms in the area and is a showcase for the local cheeses made at the adjacent DFA Beaver plant, which has been a part of the region's history for more than 65 years. And because our Cooperative is owned by our farmers, they're personally invested in every product, decision and step we take as an organization. DFA was formed in 1998 through the merger of four dairy cooperatives: the Southern region of Associated Milk Producers Inc.; Mid-America Dairymen Inc.; Milk Marketing Inc.; and Western Dairymen Cooperative Inc.[3] Officials from the four cooperatives determined that merging would give the nation’s dairy farmers a fair voice in national policymaking and the ability to address the needs of national customers. ($ Million) Growth Rate (%) # Employees; 2019: Details in Premium Report: 2018: 2017: 2016: 2015: 2014: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Dairy Farmers of America's revenues are gauged from an analysis of company filings. Strategic Investment Growth Continues to Strengthen the Cooperative. The Cooperative also provides members the opportunity to participate in leadership development programs like the Young Cooperator and Emerging Leaders programs. The Company manufactures and markets milk, ice cream, butter, frozen yogurt, cream, cheese, and other dairy products. The Cooperative, which employs more than 6,000 people nationwide, is led by Rick Smith, president and chief executive officer, and DFA's farmer-leader Board of Directors, led by DFA Board Chairman Randy Mooney. Each Area elects farmer-leaders to serve on DFA's Board of Directors, totaling 49 directors, which govern the Cooperative. In 2018, DFA directed the marketing of 64.5 billion pounds of milk for both members and others through the Cooperative's consolidated businesses, which represent approximately 30 percent of the total milk production in the United States. See also Dean Foods§Products, for brands related to the acquisition of Dean Foods in 2020. Dairy Farmers of America Inc. (DFA) is a national milk marketing cooperative in the United States. DFA became the sole owner of DairiConcepts in 2015,[11] which was once a partnership between DFA and Fonterra Co-operative Group Unlimited. Associated Milk Producers, Inc.; Mid-America Dairymen, Inc.; Milk Marketing, Inc.; and Western Dairymen Cooperative, Inc. Breakstone's Butter (trademark licensed from, This page was last edited on 29 October 2020, at 12:45.
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