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Dean Foods warns of loss as China demand raises milk prices
date:Feb 12, 2014
Dean Foods Co, the largest U.S. dairy processor, warned of a first-quarter loss as a spike in China's demand for imported milk products sent raw milk prices soaring.

Dean Foods' shares fell as much as 10.5 percent on Tuesday to their lowest in over a year.

The company said it had expected raw milk prices to fall in the early part of 2014, but they rose sharply instead, driven by higher global demand for dairy products.

Asia's imports of dairy commodity products have jumped due to a rise in de

12/22 03:13