“The top five companies remain unchanged in their position on the list, yet there are now two Chinese companies in the rank of the largest 15 companies, whereas there were none in the top 20 until 2008,” said Rabobank analyst Tim Hunt. “In contrast, the lack of a U.S.-based global consolidator means that the rankings of U.S. companies has declined.”

Dairy Farmers of America (DFA) has acquired Dairy Maid Dairy. Located in Frederick, Md., Dairy Maid is a family-owned processor of milk, juice and fruit drinks. Dairy Maid has been owned and operated by the Vona family since 1946.

Maryland & Virginia Milk Producers Cooperative Association and Northwest Dairy Association (Darigold) will sell 3.296 million pounds of Cheddar, Gouda and Monterey Jack cheese and 493,284 pounds of butter to customers in Asia and Europe. 

Danone, the parent company of U.S. dairy processor Dannon, announced today that it has acquired YoCrunch.

Nestlé USA is North America's largest dairy processor, bumping off Dean Foods Co. which held the spot for at least half of the 20 years that Dairy Foods has been compiling the Dairy 100.

Land O'Lakes said sales increases during the second quarter were achieved in all three core businesses, which include Dairy Foods, Crop Inputs (WinField) and Feed (Purina Animal Nutrition). First half sales were improved in all business segments, including Layers.

Dean Foods Company (NYSE: DF) today announced strong first quarter 2013 results. The Company reported first quarter 2013 diluted earnings per share of $2.63, compared to first quarter 2012 earnings per share of $0.20. These financial results reflect the January 2013 sale of the Company's Morningstar business, the gain of which is the primary driver of the diluted earnings of $2.63 per share and is reflected in discontinued operations, as well as the Company's majority ownership interest in its consolidated subsidiary, The WhiteWave Foods Company

"We're off to a solid start," said Tony Vernon, CEO of Kraft.  "Our first quarter results reflect strong returns on our new product innovations to date, as well as the fact that our cost savings outpaced our plans to reinvest in our brands."

Lifeway Foods Inc., (Nasdaq: LWAY), said its gross sales increased 16% for the year ended Dec. 31, 2012. Sales totaled approximately $89.8 million compared to $77.1 million in 2011.