date:May 11, 2012
The Dallas-based processor and distributor (2011 turnover: $13bn) has attributed its latest results to an 8% decrease in raw milk prices over the last two quarters, and the failure of many retailers to lower private label milk prices.
A recent global rise in raw milk prices has eased over the last two quarters, allowing for a significant increase in fluid milk sales margins for Dean Foods Fresh Dairy Direct (FDD) segment, which recorded 18% growth in Q1 operating income.
Elsewhere, the compan