Consolidation in the dairy industry continues, and it's not just dairy farms that are consolidating and going away. Processors are too.
Tuesday, Dean Foods announced its plans to file Chapter 11 Bankruptcy after continuous losses. Dr. Mark Stephenson with the Center for Dairy Profitability says that the move doesn't really surprise people who've been watching the market. Stephenson says while Dean Foods is a major player in the dairy industry, he suspects that the financial challenges they're facing won't impact dairy farmer prices or milk movement all that much.