Dean Foods Co. announced a loss of $0.05 per diluted share in the fourth quarter 2011, compared to a fourth quarter 2010 loss of $0.11 per diluted share
4Q revenues at Dunkin' Brands Group grew by 7.2% primarily from increased royalty income driven by the increase in system-wide sales, as well as sales of ice cream products.
Hakeem Nicks of the New York Giants celebrates last night'sSuper Bowl win with a bowl of cereal and lowfat milk. He appears in a new milk mustache advertisement.
Butter prices received for 25-kilogram and 68-pound boxes meeting USDA Grade AA standards averaged $1.59 per pound. The U.S. price per pound decreased 0.3 cents.
Rabobank says the global dairy market will offer strong growth prospects in the coming five years. Nestle and Danone will fare well, and cheese makers will improve their returns.
A Kraft Foods executive says, "We're waging war on waste, one plant at a time." The cheese and snacks maker has 36 facilities in 13 countries that send zero waste to landfill.
Gary Vanic, president and CEO of Great Lakes Cheese Co., received a Soaring Eagle award from the International Dairy Foods Association for his service to the industry.