DFA Reports 2015 Financial Results

Lizzy Schultz

At the Annual Meeting held this week, Dairy Farmers of America (DFA) officials reported a net income of $94.1 million. The value is a significant increase from the Cooperative’s $43.1 million income in 2014, and is attributable to strong performances from DFA’s commercial operations and affiliates. DFA’s 2015 net sales totaled $13.8 billion, compared to $17.9 billion in 2014. Low …

Ag Group, Agribusiness, Dairy, Dairy Business, DFA, economics, Finance, Marketing

DFA Honors Seven Members of Distinction

Lizzy Schultz

Each year, one member farm from each of the Dairy Farmers of America’s (DFA) seven regions is honored during the DFA Annual Banquet. The 2016 Members of Distinction are: The Central Region honors went to the Hanke family, Hanke Farms Inc, of Sheboygan Falls, Wisconsin. Though multiple disasters have struck the operation, including a massive silo collapse, personal tragedy, and …

Ag Group, award, Dairy, dairy farming, DFA, Farming

Re-Imagining Dairy at DFA Annual Meeting

Lizzy Schultz

More than 1,500 Dairy Farmers of America (DFA) members and guests gathered this week in Kansas City for the Cooperative’s 18th Annual Meeting. Dairy Re-imagined was this year’s theme, and attendees were encouraged to join the Cooperative in challenging the status quo and turn their focus to the limitless possibilities available to the industry in all areas, from the farmer’s …

Ag Group, Dairy, DFA, Events

CWT – 3.9 Million lbs of Cheese & Butter Export Sales

Jamie Johansen

Cooperatives Working Together (CWT) has accepted 11 requests for export assistance from Dairy Farmers of America, Maryland-Virginia Milk Producers Association, Northwest Dairy Association (Darigold), and Tillamook County Creamery Association who have contracts to sell 1.613 million pounds (732 metric tons) of Cheddar cheese and 2.315 million pounds (1,050 metric tons) of butter (82% milkfat) to customers in Asia, the Middle …

Ag Group, Butter, Cheese, cooperatives, cwt, Dairy, DFA

1.9 Million lbs of Cheese & Whole Milk Powder Export Sales

Jamie Johansen

Cooperatives Working Together (CWT) has accepted 5 requests for export assistance from Dairy Farmers of America, Michigan Milk Producers Association, and Tillamook County Creamery Association to sell 277,782 pounds (126 metric tons) of Cheddar cheese and 1.587 million pounds (720 metric tons) of whole milk powder to customers in Asia, the Middle East, North Africa, and South America. The product …

Cheese, cwt, Dairy, DFA, Milk, Uncategorized

Farm Bill With Dairy Reform Signed

Cindy Zimmerman

President Obama traveled to Michigan State University to sign the Agricultural Act of 2014 on Friday. “Despite its name, the farm bill is not just about helping farmers,” President Obama told the small crowd invited for the signing. “Secretary Vilsack calls it a jobs bill, an innovation bill, an infrastructure bill, a research bill, a conservation bill. It’s like a …

"farm bill", Ag Group, Audio, DFA, Government

Dairylea Members Approve Merger with DFA

Talia Goes

During a special meeting in Syracuse, N.Y., members of Dairylea Cooperative Inc. approved the proposed merger with Dairy Farmers of America (DFA). The merger will become official on April 1, and combines Dairylea’s Northeast-based 1,200 members with DFA’s 13,000 nationwide dairy farmer members. The cooperatives have enjoyed a successful working relationship since DFA was formed in 1998. Working together, Dairylea …

Dairy Business, DFA

Farm Bill Passed with New Dairy Program

Cindy Zimmerman

The U.S. Senate Tuesday voted 68-32 to approve the Agricultural Act of 2014 which contains a new program for dairy producers. “It has been a long and torturous road toward the creation of a better safety net for dairy farmers,” said National Milk Producers Federation president and CEO Jim Mulhern. “We didn’t wind up precisely where we wanted in terms …

"farm bill", DFA, Government, National Milk

Dairylea to Merge with DFA

News Editor

Dairylea Cooperative, Inc.’s Board of Directors has voted to merge with Dairy Farmers of America (DFA). DFA’s Board of Directors has endorsed the merger, which requires approval by Dairylea’s members, who will be asked to vote during a special meeting in February 2014. Dairylea’s farmer Board of Directors spent the past three years in a comprehensive examination of how to …

DFA, Industry News

DFA Issues Patronage Earnings

News Editor

Dairy Farmers of America’s Board of Directors has issued $29.6 million in patronage earnings to the farmer members of the Cooperative. This allocation, which equals 7.5 cents per hundredweight, was made to members who marketed their milk through DFA in 2012. Patronage is the Cooperative’s way of sharing DFA’s earnings with its members. While at its core, DFA is a …