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Declining raw milk prices support ‘strong’ Dean Foods Q1 results
date:May 11, 2012
rgin over milk,said Dean Foods chairman and CEO Greg Engles.

This margin, which measures the spread between the cost of raw milk and the retail price of private label milk, is now back to levels not seen since 2009.

This favourable commodity price has helped the firms FDD segment achieve gross profit of $522m a 1% increase on Q1 2011.

Gross profits per gallon increased 2% from year ago, an important factor in improving our overall profitability per gallon,said Engles.

We expect this trend t

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