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Dean Foods cuts 2014 profit forecast as raw milk costs soar
date:May 09, 2014
la after six babies died and over 300,000 children fell ill due to local milk products contaminated with melamine.

Dean Foods said raw milk prices rose 22 percent in the first quarter ended March 31. Prices continue to rise, increasing 4 percent between March and May, the company said.

High milk prices have been hurting the margins of U.S. companies that buy raw milk, such as sandwich chain Potbelly Corp (PBPB.O) and organic food maker Annie's Inc (BNNY.N).

Dallas-based Dean Foods said a sign

12/26 02:15