35 Burst results for "dean foods"
"dean foods" Discussed on The Big Show
"Ought to the minutes commodity prices and market analysis that make sense. This is the big joe. All eleven fifty four the big show clock one of my favorite days every day is my favorite day on the big show when i gonna talk to you folks in radio but this is one of my favorite days to sandy. Eric is joining us. And we're talking about renew rural iowa and sandy. The iowa farm bureau does a wonderful program recognizing entrepreneurs in rural iowa. Main street iowa this is the heart and soul of what makes role iowa tick and farm bureau recognizes. These folks. we gotta go out about once every other month and draw attention to what some of these folks are doing out there in mainstream american. We certainly like to and are are the folks that we're talking about. This month are no different. They're wonderful additions to the community of bond durant But hats off to you. Guys for number one pioneering the program and before we get started. What do you have coming up As far as you know seminars yards put on some nice programs for these folks both. Thanks first of all we do think the speculation is really an important aspect. when we're trying to encourage entrepreneurial development we have to hear from those that are already out there entrepreneuring so that's important aspect of the spec ignition but you know as you mentioned we do offer education and we will be looking at twenty twenty one with everybody else with our eye on our peer learning workshop the journey to your vision and we will hope off that about five times with an impersonal aspect which really is more effective. We've tried our resume online but Not scheduled yet. But i think we'll look probably toward later in the spring for our first seminar so people will want to watch our website and stay on top of that was where we'll be and how to register. Now gimme about thirty seconds on their renew rural iowa program because some people have asked me. How do i get my friends nominated well. It's really easy. Renew rural iowa dot com is our website. And there's a nomination form on. They're very simple to tell us about why you think they are outstanding. Entrepreneurial company that we should tell the story and was innovation have they Been privy to so yeah. That would be great. We love those nominations and simple email. Now you and i visited the folks at off the rails quilting not too long ago and what a wonderful operation number one and The two ladies there There they they are just very they're likable folks. You go in there. And they're just talked to you and tell you all about quilting and a lot of our entrepreneurs but they do a wonderful job now. I do have a note. I think In this is relayed by my wife because she follows quilting a little. Bit more night But she says that The folks that off the rails are back to an appointment only d. Did you know anything about that. But that doesn't surprise me. They were really busy when we were in there. And i'm sure that that's difficult for them to manage a lot of people in person but they certainly know how to manage on their pickup service. Their curbside availability and then that the mailing business that they've established across the country. I think is a marvelous way that they can still keep their customer base. We're gonna hear more about them coming up here in just a little bit. In fact we have a kind of an indepth Focus on what. Their businesses is all about but Yeah they're an example of one of the main street to i of businesses like a lot of them out there that have one of the new words were were learning more about as pivoting see and they are Pivoting to Stay in business and serve their customers and grow even in this covert nineteen environment. So i know if you look at their web site they'll tell you a little bit more about how to make an appointment to get in there still open. They're still selling But they just want to limit the the crowd In there so sandy you stick around. We're going to find out more about off the rails quilty coming up here on the big show. All savings and sale was happening now at mattress warehouse. Save up to one thousand dollars. Plus get zero percent interest financing for sixty months. Unsure of which mattresses right for you who's people are put. Mattress warehouse is home to bed match the diagnostic system. That recommends the best mattresses for your individual support needs tried for yourself today and the mattress warehouse one year price guarantee means you know you're getting the best price why shop anywhere else visit sleep happen dot com for a location near you..
With Milk Sales Up, Dairy Industry Revives Iconic Got Milk Campaign
"From, wondering I'm David Brown and this is business wars daily on this Thursday August twenty seventh something strange happened over the last few months we started drinking milk again think it might have had anything to do with pandemic for the last several years. It's felt like the dairy industry been singing swan songs milk sales fell thirteen percent from twenty ten to twenty eighteen according to CNN I one dairy. Then another collapsed under the weight of competition from plant based drinks soy almond, coconut, banana, Oat flax all. Those plants were out to get poor daisy the cow the dairy industry was so freaked out that it launched a pilot lawsuits against makers of those plant based drinks trying to forbid them from using the very word milk. You can't squeeze milk out of another grain they said but for the moment, at least dairy farmers are experiencing a bit of relief with. So many of us eating more meals at home, we're guzzling the white stuff again, it's long been true that milk drinkers tend to drink milk. Not at restaurants. So lockdowns have in fact, helped the dairy business cow's milk sales rose about twelve percent over last year for the twenty weeks ending. July eighteenth CNN reported your kid and mind mindlessly grabbing a swig from the carton added up to four and a half billion dollars in sales this spring, and that has spurred the dairy industry to revive an iconic ad campaign. Remember got milk. Vast company called it one of the most famous ad campaigns in history that campaign was launched in Nineteen ninety-three, its message, whatever you do don't run out of milk over time three hundred celebrities including Britney Spears Dennis Rodman Bill Clinton, and the simpsons all appeared sporting those milk mustaches. The ads became enormously popular by the end of the campaigns run in two thousand, fourteen, ninety percent of all adults were familiar with got milk to Huffington Post Contributor Gene Delvecchio but there was one a little problem. The ads didn't actually work over that same time milk sales declined steadily soda consumption bubbled over guess what those Soda Lovers used to drink you got it delvecchio a former AD industry executive argues the got milk ads were like bringing peace shooters to a gunfight, the gunfight being Pepsi and Coke Monster Marketing Budgets while the to soda makers battled each other milk lost but the dairy industry apparently believes their campaign was effective embracing Estonia the industry's marketing arm milk. PAP has revived the got milk campaign today's ads bear little resemblance to the Owens though. Sure there's still some celebrities Olympic gold medal swimmer Katie decades, viral tiktok video showing her perfectly balanced a glass of milk on her head while swimming a lap. That's certainly a turned heads but the bulk of today's campaign features, regular folks and a ton of user generated content milk drinkers were urged to do silly things with milk and boy did they respond people open gallons of milk with their toes jumped into kiddie pools filled with milk and cereal according to the trade paper? Agra. News will this generation's got milk ads do anything to keep the cow's milk train going if the wildly popular ad campaign of your didn't work well. Be Hard pressed to say that this one is a better peashooter. The dairy industry itself is making predictions. They say they're simply celebrating the quarantine induced sales boost. What is true however is that the competition from those plant based rivals is only getting. Over the same twenty weeks that saw a twelve percent rise in dairy milk sales oat milk sales went through the roof up two, hundred, fifty percent. Of course, oat milk sales are still tiny compared to cow's milk. They totalled only one, hundred, thirty, five, million dollars, but other signs point to the continued aggressive challenge from those gentle plant based alternatives. Oatley the. Leading oat milk maker recently attracted two hundred million dollars in investment funding from blackstone and Oprah it hopes to go public next year according to Forbes, and on Monday good Karma, a maker of flax milk bought itself back from bankrupt dean. Foods investors are Thurston lapping up all of these cream alternatives and no matter how beloved the Got Milk Gad's once were. All this competition puts a whole lot of pressure on twenty twenties version of the same campaign.
Farmers are Swimming in Milk, but Can't Get it to Needy Food Banks
"Spilled milk. It has a whole new meaning. These days with restaurants schools and universities closed. Dairy farmers are swimming in millions of gallons of milk. They can no longer sell at the same time. Millions more Americans are hungry. Food banks across the country are seeing dramatic. Spikes in demand is unemployment swells. But they don't have enough food one of the products in short supply. You got it milk. Here's what the mismatch looks like spring the time of year when cows produce the most milk so they have more milk than usual and much less access to their regular customers and even though farmers are donating some milk food banks according to the New York Times they're still dumping about one and a half million gallons daily that's because farmers have been limited in their ability to give away enough milk to prevent the enormous waste time set but couldn't they just give away more milk. The short answer is no and the reason is two pronged for one. Food Banks. Don't have enough refrigerators or volunteers to handle too much milk at once. The other reason is that the cost of transporting and distributing milk is just too high for many farmers produce. Growers and cattle ranchers are having similar problems according to the New York Times not since the Great Depression has so much fresh food been destroyed but these are just the latest struggles facing the dairy industry as we reported in previous episodes. Dairy farmers were in trouble before Kobe. Nineteen in part because Americans. Just don't love cow's milk like we used to instead. We're increasingly turning to alternatives. Soy Almond Banana. Milk are changing. Tastes have real consequences. Just last November. The country's largest dairy supplier dean foods filed for bankruptcy now revenues. A fallen by half again for many dairy farmers. It's a distressing break in the supply chain farmers who can't sell enough milk are suffering and so are millions of people who don't have enough to eat. According to the nation's largest chain of food banks feeding America in normal times about thirty seven million Americans are considered to be food insecure. Now another seventeen million people recently unemployed also need help to avoid hunger at least eleven million of the hungrier children. According to the nonprofit it took several weeks but at least two big grocers are stepping in to help fix the supply chain mismatch last month. Publics began buying excess produce in milk and donating it to feeding America in. Its first two weeks. Public says it purchased and donated one hundred thousand gallons of milk and a million pounds of produce. The LAKELAND Florida grocery chain plans to continue the initiative released several weeks. According to CBS News public efforts are regional so far. The grocer is buying milk from dairy farmers. In the southeast and vegetables from Florida Growers Public's also donated two million dollars to feeding America. According to a statement Kroger America's largest grocery chain soon followed suit. On April Thirtieth Kroger said it would purchase two hundred thousand gallons of surplus milk and donate to feeding America and community food banks. Some might say both grocers can well afford to help in a normal year. Kroger's revenues are well above one hundred billion dollars with everyone. At Home Kroger's sales have surged. Revenues grew thirty percent in March. According to the Texas Observer Kroger's stock is currently close to its fifty two week high public to has been doing well with twenty nineteen sales of thirty eight billion dollars. The company says it sales grew this quarter by about sixteen percent over the same period a year ago with about two thirds of those sales due to all the home cooking. Americans are doing right now. The scale of America's milk problem for both farmers and the unemployed is so massive that the efforts to businesses alone are far from enough. That's something the federal government recently recognized. The Department of Agriculture will begin spending three hundred million dollars a month to buy surplus milk produce and meat from distributors and ship it to food banks. According to The New York Times some states to are getting in on the action for example New York is trying to help its own farmers deal with its huge pools of excess milk. It plans to give food banks twenty five million dollars to purchase products made from the milk. It's also working with food processors like Shabani Hood and Cabot to help them. Turn that milk into yogurt. Cheese and butter. The newspaper reported the fact that Kroger and Publix are redistributing surplus milk to food. Banks may be laudable but the quantities of no faith committed to purchase now to a drop in the bucket victims white question now is whether other businesses step up to help farmers and the hungry
"dean foods" Discussed on KHVH 830AM
"I'm Julie Norton Dennis a Honolulu city councilman has a drastic plan to keep corona virus infected visitors out of Hawaii yesterday councilwoman Heidi Sumiyoshi introduced a resolution that would make all passengers proved they have tested negative for corona virus before being allowed to board a flight to the islands and if they can prove it she thinks that still isn't enough she wants them re screen for symptoms once they land the number of arriving visitors went up again Monday by about twenty former employees of the recently closed a medical facility in Honolulu are shocked after money vanished from their accounts the employees say parent company dean foods promised to pay them after giving them just a two week notice that the place was closing down they got the money but now say it was suddenly taken away simply say there was an understanding that they would get paid as long as they stayed working there until the end of April one former employee tells KGO into eight could have amounted to the same as six weeks worth of paychecks dean foods is blaming an unspecified mistake for the money disappearing what ease nightly curfew order expires today mayor Derek Kawakami has no plans to renew it at this time since there are no active coronavirus cases on the island telecom he says the curfew work because there were fewer nine one one calls and emergency room visits at night while it was in place for the newsradio eight.
Due to Drop in Demand, Dairy Farmers Dumping Milk During Pandemic
"The U. S. dairy industry which produces thirty eight billion dollars worth of milk every year is in crisis that's after years of Americans drinking less milk a tumble in milk prices and bankruptcy filings for Borden and dean foods the nation's largest milk producer and now the corona virus outbreak unable to sell their product or freeze it struggling farmers are dumping their milk instead farmers from all over the country D. New York Vermont Georgia Florida Texas I don't know all the way to California started dumping milk that's Matt Gould editor of dairy and food market analyst and the big problem for farmers right now is that schools and restaurants are closed cutting sales of milk butter and cheese in half we consume more dairy when we go out to eat and we do when we go to the grocery store and have to cook her own meals and buying an extra gallon of milk can not make up for those
U.S. Farmers Dump Milk as Coronavirus Restaurant Closings Destroy Demand
"Ten when U. S. dairy industry which produces thirty eight billion dollars worth of milk every year is in crisis that's after years of Americans drinking less milk a tumble in milk prices and bankruptcy filings for Borden and dean foods the nation's largest milk producer and now the corona virus outbreak unable to sell their product or freeze it struggling farmers are dumping their milk instead farmers from all over the country D. New York Vermont Georgia Florida Texas Idaho all the way to California started dumping milk that's Matt Gould editor of dairy and food market analyst and the big problem for farmers right now is that schools and restaurants are closed cutting sales of milk butter and cheese in half we consume more dairy when we go out to eat and we do when we go to the grocery store and have to cook her own meals and buying an extra gallon of milk can not make up for those losses Bloomberg money watch a twenty six and fifty six past every hour I'm Tom Busby for ten
"dean foods" Discussed on WIBC 93.1FM
"And this is in a Bloomberg story just yet the farmers are gonna by dean foods do do I I understand this right I think it's pretty interesting with dairy farmers are gonna buy a substantial part as wish TV puts it dean foods Tony cats of ninety three W. I. B. C. good morning dean is the country's largest milk processor they filed for bankruptcy in November so J. farmers thinking keeping Tina float is essential the mail processor is a significant customer very farmers of America according to the present CEO no one is great oranges reserving expanding milk markets and then the dairy farmers of America they're going to pay four hundred twenty five million dollars for dean's delivery system and forty four of its facilities as well as other assets they're also going to assume some of the liability is I am very curious to see how this works because with dean is saying is they couldn't make money and distributing milk so why do you now pick up the distribution if the distribution wasn't profitable well we have to get our product to market is there's not another way to get the product to market I'm I clearly don't know enough about this to know how this is all going to play out I think it's kind of fascinating but not knowing about things you know that's something you're not Hey I don't know about this then of course you get into Michael Bloomberg who's I all I know everything about everything I know I made money in my life I know things the popcorn moment the store you need to hear to believe and grab your popcorn because there is more of course everybody is laughing this right here my Clune Berg talking about farmers anybody even people in this room so no offense intended to be a farmer you it's a process so you dig a hole you put a seed and you put dirt on top add water comes the corn then we had three hundred you could learn that see that that's all it is the farm that's all there is that is all you've got by the way I invited the farmers to call in three one seven two three nine ninety three ninety three we've talked before you know well about what it is and they work with what it is they're dealing with whether or not there they supportive of president trump and here comes Michael Bloomberg who just lay the debate stage in in a vat of this week which is going to actually take part in I'll get into that later this is how he describes forming see how simple it is was notified manufacturing and then you have three hundred years in the industrial society you put the piece of metal in the late to turn the crank and the direction of the arrow and you can have a job see it's all just so easy its its embarrassing to hear a lead us talk like this as if they know things right I refer to it as his New York privilege he is it is it is New York privilege but the truth is the fee that we use to prevent shock isn't fun this is what elitism does in the wee doesn't exist everywhere to just for the rich exists for the poor a lead ism is about thinking that you are better than because if you listen to the rest of a Bloomberg said that's what he gets into and we created a lot of jobs one point ninety eight percent of the world worked in that in agriculture today it's two percent in the United States now comes the information economy and the information economy is fundamentally different because it's built around replacing people with technology and the skill sets that you have to learn our how to think and analyze and that is a whole degree level different you have to have a different skill set you have done a lot more gray matter Graham out of brains folks you got to have brains to see we met the people who are part of this information a society we don't think that they're much smarter the idea that the farmer is not not have intellect these are our neighbors the farmer doesn't have intellect you know criminally insane that is do you know how diseases that is but the truth is it comes from a place of the purest ignorance he doesn't know he made a determination because once back in elementary school he took home a potted plant in a styrofoam Cup for mommy the mathematics the science involved the skill sets involved informing to a level of successful this time who have grown a couple tomatoes you back good by the way talk to the people grow top couple tomatoes in the backyard they'll tell you how much time they spend road it is it is pathetic this is what elitism does lead ism gets people detached from being otherwise normal people Christopher Hitchens used to discuss this in terms of religion religion he and in his view the talks to people who were or normally decent and turn them evil it now I I don't I've always said about Christopher Hitchens I don't know if he's right but he's wrong which is to say that when he goes through the historical perspective of religion in in American around the globe you cannot match of historically and the examples that he brings up are sometimes well devastating I don't think that somebody who is religious is therefore de facto evil I don't think that a belief in a in a in a supreme being I believe in god make someone evil the idea of evil make someone evil that's always been my take but if I were to utilize that that Hitchens type arguments and apply it here Michael Bloomberg could have been a normal guy but he was a successful guy financially and therefore it has absolutely rotted the mind because he thinks because he says it it must be factual elitism does that you wanna leaders in let's take it to people to judge talking to a crowd about Planned Parenthood I don't I think was a Planned Parenthood event freedom is one of those values.
Regulators Probe Potential Dean Foods Merger
"Plans for a major merger in the food industry are getting a government once over Dow Jones reports federal anti trust regulators are looking into the deal between dean foods and the dairy farmers of America the largest U. S. dairy coop dean is the biggest Mel processor by sales it's the coops biggest customer farm groups have raised concerns about whether the merger would lead to a concentration of milk buyers in parts of the
Borden Dairy Files for Bankruptcy
"Milk isn't the dietary staple it used to be and dairies are continuing to see money dry up could it be the end of the line for Elsie the cow your mother gets you plenty of Borden's milk after one hundred sixty three years Borden's is filing for bankruptcy protection traditional milk consumption has fallen forty percent since nineteen seventy five with milk substitutes made from soy nuts giving dairy's a run for their money the country's largest milk producer dean foods filed for bankruptcy in
Borden Dairy Files for Bankruptcy
"Center Borden's has become the second major U. S. dairy producer in as many months to file for bankruptcy protection dean foods did the same thing in November Borden's is citing the popularity of plant based milks over cal Jews for its financial struggles Borden's and dean's controlled thirteen percent of US sales for milk
Borden Dairy Files for Bankruptcy
"After a hundred sixty three years Dallas based Borden is filing for chapter eleven protection could this be the end of Elsie the cow traditional milk consumption it's fallen forty percent since the nineteen seventies thanks in large part to milk substitutes made from soy nuts and giving the dairy's a run for their money CEO Tony sorry Sam says they're having to adapt the original farm to table steeple at both the American died frankly in the human diet for for ten thousand years and consumption behaviors and people's choices of consumers change over time the country's largest milk producers dean foods also based in Dallas they filed for bankruptcy back in
Borden Dairy Files for Bankruptcy
"Borton has filed for bankruptcy is fewer people are drinking cow milk is the second major U. S. dairy company to do so in the past three months dean foods filed in
Dallas-Based Borden Dairy Co. Files For Bankruptcy Protection
"News changing dietary habits cutting into the profits from some of the nation's oldest and largest dairy Borden has filed for bankruptcy protection it's the second major U. S. Derry to do so in as many months with more Americans opting for plant based milks over cal juice dean foods the nation's largest milk producer filed last November the two companies controlled about thirteen and a half percent of U. S. milk sales last year Borden's tried to revive business by bringing back its iconic mascot LC smiling cow which first appeared on milk cartons in the nineteen thirties it also released new products like gingerbread
Borden Dairy Files for Bankruptcy
"Another big dairy has filed bankruptcy as Americans consumed more non dairy products more from correspondent Jan Johnson Borden produces nearly five hundred million gallons of milk each year but even last year's reintroduction of its iconic cartoon cal LC hasn't been enough to offset a sea change in American habits like turning to milk substitutes made from Sawyer almonds and grabbing your protein bar instead of sitting for breakfast bowl of cereal and milk a forty percent down turn in consumption since the seventies means more dairies are closing their doors the nation's largest milk producer dean foods filed for bankruptcy protection too in November I'm Jim
Another major US dairy, Borden, seeks bankruptcy protection
"Borden since eighteen fifty eight the maker of Eagle brand condensed milk has filed for bankruptcy protection. It's a a restructuring. It'll stay in business in November. Another big dairy dean foods also filed for protection from creditors. Wholesale prices have been rising as dairy farms. Leave the business. Listen Competition from Almond Soy cashew and Oat substitutes cuts into profits. Borden says there's been a six percent drop in America's milk consumption over the last three years
Borden is latest big milk producer to go bust
"We see among the a big stories today of a big dairy board and filing for bankruptcy analysts say this is because a consumer tastes have changed and more people are using soy milk or other of milk alternatives these days board filing for bankruptcy protection in fact the second major Derry to do so as many months looks like dean foods the nation's largest milk producer file for bankruptcy protection back in November both dairies now of filing for bankruptcy and looks like Borden will continue operations during its financial
"dean foods" Discussed on AP News
"Borden dairy company has become the second major U. S. Derry organization to file for bankruptcy protection in as many months dean foods was the first board and produces nearly 500000000 gallons of milk each year for groceries schools in other places but consumers have switched to juice soda and milk substitutes made from soy or almonds all that has hammered traditional milk producers like Borden which was founded in 1857 I'm showing employer
Another major US dairy, Borden, seeks bankruptcy protection
"Borden dairy company has become the second major U. S. Derry organization to file for bankruptcy protection in as many months dean foods was the first board and produces nearly five hundred million gallons of milk each year for groceries schools in other places but consumers have switched to juice soda and milk substitutes made from soy or almonds all that has hammered traditional milk producers like Borden which was founded in eighteen fifty seven I'm showing employer
Crying Over Spilt Milk? Americas Largest Dairy Producer Files for Bankruptcy
"From one. Three I'm David Brown and this is business worse daily on this Wednesday November twentieth for anyone over with the age of thirty. The idea that milk is an industry could be in trouble once seemed unthinkable as well the notion that we might not need gas to fuel our cars or coal to run our power our plants goodness. How will they get things done? Well in the past milk wasn't so much choice as a commodity of basic household necessity. But things change in these days. These things are changing. Fundamentally witness last week's bankruptcy filing by Dean Foods America's largest producer of cow's milk and other dairy products the ninety four or your old company was founded by Samuel e Dean and Intrepid Entrepreneur who purchased the illinois-based Pekka Taneeka evaporated Milk Company in Nineteen Twenty Five. The business business grew and changed over the decades today. It owns fifty eight brands including dairy pure milk. land-o-lakes butter true move flavored milk's in friendly's ice cream now the once multibillion dollar conglomerate is struggling to stay alive with sales and profits down its stock has declined eighty percent over the last year. The company filed now for bankruptcy protection on November twelve and is exploring a sale to dairy farmers of America. That organization is a Kansas based cooperative of more than fourteen thousand dairy every farmers many of which are deemed suppliers. Dean foods blames shifting tastes for its current predicament. Quite simply Americans aren't drinking nearly as much milk as we used to. Since nineteen seventy five milk consumption has fallen by forty percent in recent years. You can pin some of the blame on the rapid rise of plant based MILKS folks from Soy to almond banana to Oat milk. Sales of plant based milk shot up nine percent last year. According to the plant based Foods Association at the same time sales of cow's milk fell six percent indeed dean foods may be kicking itself for getting rid of one of its most profitable divisions in twenty twelve. Oh saying it wanted to focus more on its core dairy business. Dean spun off White Wave. One of the biggest producers of soy and other Plant Milks the French Yogurt Company then owned bought White Way. For ten billion in two thousand seventeen in a seemingly prescient move dean must have had second thoughts about forsaking the fast growing plant the milk market just last year. It took a majority stake in Boulder Colorado Flax Milk Company. Good Karma too little too late however and competition from plant. Milk isn't in Dean Foods. Only problem healthy alternatives to cow's milk have exploded more and more of us are drinking sparkling water Bucci's teas and organic juices not dimension simply plain old water. That's hurting milk sales so to the decline of lowly breakfast cereal. no-one pours milk on the energy bar. They eat during their morning commute. You'd either so there's that and then there is. Almost an entirely separate trend. Big retailers like Costco and Walmart are deciding. They need to control their own food. Supplies supplies for cost reasons and also for transparency into their supply chains last year Walmart one of Dean's biggest customers built. Its own milk processing plant in Indiana according to CNN Walmart can now supply five hundred of its thirty seven hundred stores with its own cheaper milk no longer as good a customer Walmart now poses a threat. Dean foods has secured eight hundred fifty million dollars in what's called debtor-in-possession financing that funding will allow it to meet its pension allegations and
Dean Foods files for bankruptcy
"And another blow this week to a New England mainstay owner of the friendlies ice cream plant dean foods has now declared bankruptcy dean is based out of Texas and back in twenty sixteen it purchased the friendlies ice cream distribution and manufacturing side of the business for a hundred fifty five million
"dean foods" Discussed on Snacks Daily
"Campaign. That says make eleven happened. It's not exactly inspiring but again it gets back to the literal of thing. Yeah the eleven thing like the one in the one and the one and the one and then this really kicked off with a Internet gallon nationwide in China despite on eleven networks live streaming to drive sale. It's like the QVC on every channel driving you to buy stuff and billions of people are watching. We're going to go a little tabloid to Taylor. Swift tipped did a live concert to kick off the event hilariously singing the song in need to calm down multiple times over but t swift fans also remember that she view opened up a concert to kick off Amazon Prime Day to apparently she's got a thing for like big ECOMMERCE holidays and there was such an onslaught of packages being shipped on prime. They already that. Alibaba had to start using Chinese bullet trains to help get these packages to doorsteps. If you need music for a Mega ECOMMERCE shopping frenzy. Dial our one hundred Taylor now. Here's the thing about this year singles day. It happened at a very interesting time because it ended up being mostly not political but it had interesting political article under. They didn't talk about tariffs they didn't talk about the trade war. They actually welcomed Nike as day ladder. Kim Kardashian skin products all of it was included in Alibaba's singles goes to all these American brands are selling stuff. Not even worrying about what's going on in the trade war because there is such a big opportunity on a single day but then we noticed in executive Alibaba made Equa. And we're GONNA do a little too part of here so he said I. We are helping. Chinese consumers upgrade their life. So that's part focuses on Chinese people benefiting from the rising rising Chinese accounts. You wouldn't see this kind of thing on prime day but you would see this in a country like China which is fascinating and the second part of the quote from the Alibaba Exac while also introducing using new users to our digital economy from across China and around the world. The interesting interpretation here is that he's saying the world needs to recognize China as a business businesses power singles days. How you can do that so jack? What's the takeaway for buddies over Alabama so? Why did Alibaba stock fall? The last two days expectation spectate. Exactly sales rose twenty six percent from last year singles day to hit that thirty eight billion dollar number that profoundly affected us but that twenty six percent jump from last year. Sure that was expected. It's actually the slowest growth for singles day in like ten years so when investors see that something expected happen. The stock doesn't right. You need something either either unexpected to happen or better than expectations to happen in order to make the stop go up. That's how stock markets work. I mean think about the Jamaican bobsled team. When am I not thinking about the Jamaican cool runnings? They didn't even win a medal but if they did cross the finish line and that beat expectations and the result you get a Disney movie by the way this is is nick and I own shares of Alibaba Jack Canoe whip up to takeaways for service. Hickok has over a billion users so instagram is moving to copy. Its Core Feature Zach. Just call this thing Dick Doc and get the whole thing over with Dean foods processes milk but Walmart plant based milk trend has led to its downfall. Dean foods could come back after after bankruptcy if it makes them changes to pension plans third and final story. The Chinese bought a titanic number of packages on Monday but Alibaba stock didn't rise because stock prices are based on expectations. Now snacker time for a snack fact from a great snacker Darah from boozed Nigeria. Who Lives Right now? In Cedar Rapids Iowa. Jack what are we got visa. Just invested two hundred million dollars in inter switch which is a payment company and that values interest which at over a billion dollars on. This isn't just any payment company. It's based in Nigeria. That makes these third African Unicorn at four hundred globally. Yeah the other two are a telecom company yet consumer packaged goods right. So Inter switch is based out of Nigeria doing payments which is a true tech Unicorn. Dare would love to cover that inter switch. IPO One day asap on snacks. It's knackers that was a great one. Thanks for spending fifteen minutes. It's felt like really got tonight. Talk to you tomorrow. Can't wait the Robin Hood snacks. podcast you just turn reflects the opinions of only the host who are associated persons of Robinhood Financial Llc and does not reflect the views of robinhood markets inc her any of its subsidiaries or affiliates. It's the podcast is for information purposes only and is not intended to serve as a recommendation to buy or sell any security and is not an offer or sale of a security. The podcast is also also not a research report and is not intended to serve as the basis of any investment decision robinhood financial l._l._C.. Member Finra S._I._P._C...
"dean foods" Discussed on Snacks Daily
"For our first story tic TAC just hit an incredible milestone so facebook decided to copy yeah and full disclosure disclosure. This is a highly researched story because neither nick nor I nor our Social Media Guy here has to we are ancient by millennial sanders. Jack and I broke a hip hip trying to cover this thing. Duck launched in September two thousand sixteen featuring short form videos that you can share with bodies. We're talking a lot of lip synching a lot of Karaoke. A lot of challenging challenging friends to all the above so instagram is your highly polished life highlights like engagement picks wedding picks. Whatever tick tock is your raw absurd silly shenanigans in memes teams? That didn't quite fit on end. So instagram's graduation pictures. Fancy Hick Talk. Graduation Party takes a tie off. Then your take so karaoke is like the popular thing for Tick Tock Teri Ryoki is embarrassing. I did it this weekend. I was embarrassed because I'm a bad. It's a scrap. People are people are talking about the end the videos on tick kind of embarrassing but people love watching now. The the statistics here are Wild Gen. Z. Is all over to sixty percent of US users are twenty four years or younger the other forty percent or probably the Democratic presidential candidate better or kids. I love to talk. I love to talk. You should vote for me. where's our youngest intern? We've got to get on this. Tick Tock thing it's also super super addictive. Get this debt. The average American user uses Tick Tock for fifty two minutes a day. I'll have fifty two minutes in my dad's got algorithms that are gonNA keep hugh hooked tip talking one catch here. It's owned by Chinese company. Called Bite dance in United States. Senators are worried. That kids Karaoke is being taken by the Chinese Communist Party. Welcome to two thousand nine hundred and social media. It's also interestingly a threat to facebook specifically to instagram which facebook own this statistic. This this is wild. Tick Tock with the fastest ever social media company to hit one billion users. It's done they did. It has more user by far than twitter and snapchat come by and it has about as many as instagram which is owned by facebook. And that's why get yesterday's news. INSTAGRAM launched this thing. Called reels and real is a complete knockoff of Tikva and just because the team over at facebook didn't want to be too obvious with this. They only launched it in Brazil. 'cause you know not that we would hear of this. It's only Brazil. Well they're testing it there and I'm sure it's coming to America. We'd heard about this. It's happening you can't hide the so real fifteen second music videos. Perfect for Karaoke perfect for posting on instagram. I'm story and then there's the top reels which is real of what other reels there are. That could get Uvira on real. Yeah you could become the top rails with your like Frank Sinatra remained. It's a beautiful thing so jack what's takeaway for our buddies over Dick. American companies can rip off Chinese companies. Do it's called reels but facebook really just copying pick doc. Reels is a defensive move to prevent instagram users from defecting ticked. They might as well call this thing eye. Dick it pretty much is just Dick Dick. It did the same thing with instagram stories. which you all now? One of the greatest copies of all time and that crushed snapchat growth when facebook do that usually Chinese companies knockoff innovation. But it can happen the other way round two for our second story. Jack Gamer two percent all trick question because Dean foods just filed for bankruptcy as reminders. Such a loaded oded question. The Milk Company the friend of the couches loss. It's it's lost its CEO and it's it's head lawyer since we last cover them Dean Food Stock Quiz twenty two dollars in two thousand six had the top shelf milk out there were split this stuff out. Now it's eighty cents reason why well it actually actually has pensions. That does all of its workers from the past dry. Basically a monthly guaranteed retirement fund and. That's why it's filing for bankruptcy right now it is literally not literally Getting on its knees and asking a judge for mercy now. The reason it's in this situation is actually a much bigger issue but it gives them context. Here we've gotTa Talk The O.. G. OF MILK BIG DEAN Foods Dean food is the OJ big melodist. Fifty eight manufacturing facilities in twenty nine states making sour cream powder to build Alicia stuff and they've got fifty fifty brands. So you're not GonNa see bean milk on the car and but you're going to see some other stuff you're going to see friendly's friendly's ice cream is actually like done by Dean Milk Organic valley great stuff and then true oh chocolate milk not to be mistaken with. What's that Seinfeld drink? Why a Hulu no Lou? Yahu are you her job take out. We knew it was eventually also one thing like that. One Cook in your class got to have the chocolate milk and everyone else was. Second after them I D- foods is the only dairy stock out. There are now the new. CEO of Dean Foods got up to make an announcement yesterday so we jumped into the press release next island he said in corporate speak this is a quote unquote challenging aging operating in non corporate speak. He met Damn millennials. Kit there's just eat cornflakes with all mill. Oh they got almond. They got they got soy. They got cashier. They got their even squeezing milken keen Wa these days but seriously there's coconut milk. There's there's all these alternatives are potentially healthier potentially better for the environment. My Wife said at best. Humans are the only mammals that drink other mammals milk. And we're the only ones that drink milk after like babyhood babyhood which sounds very deep and there. I can't tell if that's a good thing. It's tough to forget that it's true but there are stats here. That make it a fascinating thing to sell the plant. Based as milk rose six percent last year now take thirteen percent of the milk. Category Plant based yogurts. We're talking like Coconut Yogurt. They're up thirty nine percent even even got ice cream. That's made out of Avocado. which in Vermont? We call fake ice cream sales of that kind of ice cream. It's up twenty seven percent and of course they're stealing market share from OPD dairy. That comes out of milk which is down three percent. The cows are in loving this also who can forget. I mean remember the great oat milk shortage of two thousand nine hundred people. People were clamoring at the walls of the blue bottle. Coffee like we need one. Carton of milk sold on Amazon this year for two hundred twenty six dollars. People couldn't get there all milks and it was a problem. So Jack what's the takeaway for our buddies over dean food. You can't blame millennials forever now everywhere we were looking on this story. You got millennials for this by me fat. We destroyed driving. We started hard this week almond milk this milk that but there's also a bigger issue here. That helped drive the fall of Dean Foods Walmart as UN millennial as it gets Walmart. I started sourcing. Its own milk from its own dairy plants just in the last couple of years and that means Dean foods lost a gigantic customer because they used to sell their various S. brands and milk to- Walmart so there's a plant based food trend that you can see and then there's this this Walmart detail which you have to come to snacks daily for you can't see every Trent for our third and final story. Alibaba singles day just shattered records. So we're looking at what happened to Alibaba. Stock Thirty eight billion dollars. Put that on a on a pillow pillow. Thirty eight billion dollars. That is how much merchandise was sold on. Alibaba's stores in twenty four hours. They could have bought three lifts with that kind of money. Five hundred million then. People bought things through Alibaba one. We're talking twenty four hour period here and we know what you're thinking. Okay that's Nice but how about Amazon Prime Day or black Friday well Amazon Prime Day most recently sold five point. Eight billion dollars worth of stuff. alibaba singles day sold thirteen billion dollars worth of stuff in the first hour. That's more than in Double Amazon Prime Day thinking also here which is singles day. What's going on? I missed out on the holiday I may or may not be single. Can I participate. A lot of questions. Started back in the nineties. When four students didn't stood in a line like one one one one and it looked like eleven eleven which is singles day celebrating? People who aren't couple right. It's actually highly literal now. Now it's much more produced in it's led by the tech giant. The Amazon China Alibaba they decked out their headquarters this week as if it was like the Beijing Olympics. Back in two thousand eight. There's a huge light sculpture in advertising.
Biggest U.S. milk producer goes bankrupt
"Might you know the advertising campaign got milk apparently not the nation's biggest milk producer dean foods filed for bankruptcy today CBS news correspondent Norah o'donnell the company which also owns macarthur Derry has been struggling as Americans pass up milk in favor of juice soda and milk alternatives milk consumption in the US has dropped more than forty percent since nineteen seventy
America's largest milk producer files for bankruptcy
"Foods the nation's largest milk producer announcing that its filing for chapter eleven bankruptcy protection the Dallas based company hit hard by changing tastes American oil consumption down twenty six percent in the last two decades says the US department of agriculture millennials in particular drinking less milk and when they do drink it they're choosing non dairy options like soy old enough milk and kids in schools also switching to alternatives dean foods as customers can expect to receive deliveries without interruption while the company seeks to sell off
"dean foods" Discussed on AP News
"America's biggest mill processors filing for bankruptcy amid a decades long drop off in US milk consumption dean foods based in Dallas employs 16000 people and operates 60 processing facilities around the country the company says it will continue operating normally well it puts its finances in order the company says it's in talks to sell itself to dairy farmers of America that's a marketing cooperative that's on by thousands of farmers shoppers have been turning to a wider variety of beverages and protein bars and other on the go breakfasts have been taking the place of a morning bowl of cereal with sales of cow's milk dropping an average of 6 percent a year over the last 4 years I'm Jennifer king
"dean foods" Discussed on KTAR 92.3FM
"Mine just kill me off yeah what is put out your misery come up lame will just pop in the head yeah yeah I don't I don't want it to come to that I don't want to put him down your fiance would put it on you know build insurance alive insurances we put him down what I do is is good twenty nine okay okay listen here's the here's this here's the statistic for you the number one cause of personal bankruptcy is people without health insurance thank you for one okay and the number two is credit card debt and miscellaneous that problems right that we all think of losing a bankruptcy but number one is he's walking along and everything's just fine and you snap your fingers and it's a hundred and twenty grand because I mean if you drop me past the hospital it's a hundred and twenty grand if you just drop by and wait in the parade wave right it's a hundred right here yeah especially if your hand has a little thing on it says Nick says intensive care three days that's a hundred twenty grand if you got a deal got a deal at a hundred twenty calls okay so one little thing one hick.
"dean foods" Discussed on Newsradio 700 WLW
"Hundred wwl w I got Patrice occurs standby and we have earnings coming. In today America's biggest dairy is dean foods and they've reported they've actually cut their full year. Earnings forecast they said they had some delays in cost cutting program and the impact of higher prices for freight and fuel taking some. Impact here the company says it expects to see results from this cost cutting in the. Fourth quarter dean has been dealing with a long term decline and how much milk we are drinking and. Increasing competition the processing sector. Including WalMart WalMart has its own milk. Processing plants where's dean, foods based Texas seen dean stuff on. Shelves somewhere. All right then we have our friends, at Louisville Papa John's as earnings coming in and fingers crossed on that one, well, there yeah but they're already struggling to attract people before the backlash for John schnatter's. Latest. Controversy, yes yeah we'll the chain releases results. Later today they could report a third straight quarter of declining. Same store Our sales even prior. To his resignation as, chairman after the use of that racial. Slur the. Company was feeling the impact of hyper, competitive restaurant industry and it had been answering it with more discounts. Which is, a, tough thing to do they're also conducting a search for new chief marketing officer and. He's. Suing, to get his job back at least. He was planning to sue to get his job there yeah Yeah he's still on the board. Yeah Yeah All. Right you mentioned one of those. Meetings that's a little. Awkward don't you think I would think so morning? John In the world of recreational boat. Building the US as king yes and unfortunately all those, recreational boat builders are getting caught up in the. Trade war the industry employs. About one hundred fifty thousand people directly but it provides a livelihood for half a million it produces a whopping ninety five percent of the boats sold, in America and the national marine Manufacturers Association says it. Posted one and a half billion. Dollars of exports last. Year but what? Does it use a lot, of And right and that went up in price with the, US tears then came the itemized China tariffs hundreds. Of parts from ball bearings, two engines to GPS navigation systems they're up in price and then retaliation Canada Mexico the EU all issued their own lists of US goods to penalize. Guess what's on all of them recreational boats Yeah well ninety five percent of votes made America that's probably one of the most American, made products Yeah ninety five percent of the. Boats sold. And sold America in America right. Be a good American go by about there you go all right our futures this morning are higher we'll. Look, for positive open from the Bloomberg Naser..
"dean foods" Discussed on KYW Newsradio 1060
"Situation the district is praising the safer, program is beneficial resource in the wake of the recent school shootings it's an acronym for situational awareness for emergency response it's been used by the first school District north of Dallas for several years superintendent Mike Waldrip says the program let's first, responders tap, into a school surveillance cameras remotely, they don't have to wait until they. Get, to the site to see what's going on in. The building they, can, call, it the. Cameras, in their cars they know before they get there have a pretty good idea before they. Get, there of, what the situation is the ideas that police having, is on a situation before they arrive we'll save time and. Lives Clayton Neville Dallas NASCAR chairman Brian France has, been arrested in New York's Hamptons police say the fifty six year old, was stopped after his twenty seventeen Lexus blew through a stop sign they say officers saw indicators the NASCAR chairman was intoxicated and found pills during, a subsequent search officers arrested France and charged him for driving. While intoxicated at criminal possession of oxycodones he was held overnight arraigned this morning and released NASCAR says. It takes Francis arrest as a serious matter and. That they will issue a statement after They have all the facts I'm Alex Hinton now it's time. For the KYW business report. With Jeff Bellinger Walt Disney headlines the list of companies. Scheduled to post quarterly results today analysts say the entertainment company's film segment likely stole the show over the. Last three months even though solo underperformed at the. Box office Avis budget hostess brands Aramark Johnson outdoors and dean foods are also scheduled to open their books Patrick. Pelfrey of Credit Suisse tells Bloomberg radio most American companies did very. Well last quarter what we're. Seeing from this, earning season, is something that is spectacular in the US and. It primarily on the back of US economic strength the rest of the world is not participating to the. Same degree, in the US. Is seeing economically and the trend more globally are spoiling moderately hell free, is still, confident the US and China will find a way to defuse the. Current trade tensions the Labor Department's jolts report is. On the, way this morning the so-called quick rate the number of workers who voluntarily leave their possess Missions is a proxy for worker confidence I'm Jeff Bellinger Bloomberg business. For KYW, NewsRadio business news at twenty five and fifty five after every hour here on News, Radio more than a dozen football players at the university, of North, Carolina has been, suspended for selling school issued a quip in thirteen UNC. Football players several of them starters including quarterback. Chas Surat receipt suspensions of up to four. Games for NC double a. violations they sold a school issued athletic shoes UNC head football coach Larry fedora I'm extremely disappointed bar players actions. And how those actions reflect on them and our program our department and the university the players sold the shoes in January for as much as twenty. Five hundred dollars in cash each Jim Krasula CBS news Greensboro North Carolina more news and weather coming. Welcome to Audi Devon family owned and operated for over.
"dean foods" Discussed on WINT 1330 AM
"That's it and i i still i don't know where the some of the smaller corpse you probably have them where you are in pennsylvania we have them up here three or four of them were four or five farmers will get together they'll pool they'll produce though pasteurized and it's a whole different process than what goes on in our neck of the woods garelli is the dean foods company and i don't want to get too inside for people who are local wars the farmers know that i'm talking about the swedes family that controls dean foods and dairy farmers of america and they're the ones responsible for the problem at least their management and what they do to the milk between the microwaving in the laser ring to kill yeah they they are doing a good job of killing the bacteria the bugs pasteurizing milk that way but they also take all the nutrition out of it they suck off of the the these big forty thousand gallon vats that we have up here anyway they take the cream off put it in a different vat sell it off the ice cream company and so you don't have much to begin with and then they will you know what is like white mill white water there's no nutritional value there's no taste is no nothing to it and that's why people the the richness of eating well let's say eating because really i have jerseys i don't know what you've got on your farm but the butterfat content is what what i put my ice cream like sixteen percent butterfat it gives you something to taste and light right.
"dean foods" Discussed on WINT 1330 AM
"Fourteen ninetythree your joints will thank you this american family farmer i'm doug steph over the focus on dairy farming and dairy farms because right now it's a bit difficult to be a dairy farmer in our country there are a lot of farmers that i know who have come from the second generation third generation fourth generation fifth generation dairy farmers the job has become very difficult dean foods that controls but seventy five percent the size of family owns dean foods seventy five percent of the fluid milk supply have been telling people that they have ninety days to find a new home for their milk they have too much milk they're importing too much milk it's cheap the amount of money that farmers are making is not anywhere near enough to pay their bills so now more and more people are getting these letters in the mail they may be been with a co op that they've been twenty five thirty years and there are a lot of frustrated farmers because now they are trying to find new places to put their milk this is a perfect example of the government leading monopolies come in and take over in this lays if you wanna blame you can lay it right at the feet of george bush because the dean foods people suisa took over dean foods those people raised four hundred thousand dollars for bush when he was governor of texas and they got complete control the fluid milk supply there and then they raised four million for his his presidential campaign and they got complete supply control after that so there's now walmart isn't selling as much milk and there's competition there now getting their milk from their own sources and for those of you who are local wars go to the local dairy and buy the milk there that's fresh from the guys cows where you can see the cows being milked that's what you want to get your milk that's my advice i'm doug stephan all right in a matter of moments by commentary this week will be on the forgotten farm dilemma in various parts of the country and perhaps what we ought to be thinking about the change people's points of view that's coming up in a few moments ten minutes before the hour on the american family farmer.
"dean foods" Discussed on KYW Newsradio 1060
"Be in focus we get the figures on new home sales for january therefore forecast who have picked up last month dean foods fitbit and neutre system are among companies reporting earnings i'm adrienne mitchell bloomberg business for kyw news radio is reports on kyw news radio where twenty varvarin fifty five after every hour well millions drugs is growing of decide that when she meets up with the next door neighbour in court the 48yearold oscarnominated actress and star of the tv series speechless is charged with trespassing nuisance and infliction of emotional distress against her seventy plus your old neighbor daniel pearl mutter and allegedly trying to stop the man from building on his property the lawsuit alleges driver threw bricks onto the man's yard hurled insults at him even drove her vehicle fast athen neighbor court papers alleging driver was out to harm pro mutter any way she could i'm jim rupe a satellite launch presents and it's what a great audience mets dim the lights for this next one book too much but veritas gotta get things just right like progresses name your price to tell us what you want to pay and we help you find coverage options richer budget and now moon israel wait the lights are back on again can you and now it's completely dark progressive casualty insurance company and affiliates pricing coverage match limited by saint law hey remember the mortgage meltdown of 2008 have you tried to get a mortgage since then and been turned down or maybe you haven't even tried because your credit score is stuck at 585 or your tax returns have too many writeoffs well cashcall mortgage has great news for you we've just introduced programs for people who've been told no and what's doubly exciting is that we can solve your mortgage problems with no closing costs no points title escrow and no fees wait cashcall are you saying you now have credit and incomesolving mortgages with no closing costs are you kidding you heard right a credit or incomesolving loan with no closing costs call eight three three four three to cash and.
"dean foods" Discussed on KELO
"The goodness of dairy dean foods is an equal opportunity employer it's going to be colder the normal all weekend and that includes this morning look for a subzero morning low about eight below at least the light fine powdery snow coming to an end mostly sunny during the day today a high of ten with a win 3s 5 to 10 miles an hour tomorrow sunday a little better sunny and a high of twenty from the storm sarah killilea tv i'm meteorologist j drawback though first name in news on last word in talk kelo newstalk 1320 1079 and kelocom ho ho come on home what a little alone hello hello and on the molina gohmert from those city of angels near the pacific ocean good morning goodie dana wherever you may be across the nation around the world i'm george noory and welcome the coast to coast am later on tonight dole's oakland lines 10under later a tribute to the late egyptologists john anthony west who passed away health camps used here's what's happening washington authorities say they have seized more than thirty three pounds of fat to nil our not to kill millions of people in connection with one of massachusetts biggest drug bust ever evermounting the results of a sixmonth wiretapped probe called operation high hopes prosecutors said these synthetic opioids was being sold on the street by a drug gang with links to mexico's notorious sin although i cartel the drug organization once led by el chapo guzman at least sixty three children have already died from.
"dean foods" Discussed on WINT 1330 AM
"Fed for farms it funds all of the other institutions like pie in the year the the each region of the country has its agriculture really large agricultural bank but they get their fund from kobe at their expertise says gotten them to in some asian say the following the rural economy is uniquely impacted by what happens in washington the broader economy and what's going on around the world in the coming year rural america will rise with the broader economic tide but will also have to contend with barriers to prosperity and so i'll read between the lines year looking a little bit more of the report but the things you hear we consistently talk about as a dairy person is how the big conglomerates the big the mostly suisa foods dean foods that is a family have basically not to be too crude screwed the american farmer fourteen dollar milk it's ridiculous and the prices keep going down because there's more market they're they're huge agribusinesses that have five thousand ten thousand fifteen thousand twenty thousand cows the equality the milk is horrible and the life of the cow on the farm is horrible but it produces a lotta milk and they want to sell in volume because they think that's where the money is meanwhile family farmers like me that used to milk hundred cows forty cows two hundred cows even a family a family farms it looks a thousand cows as a tough time making it because the numbers just or not there and there are other things were getting a lot of push back from milk that would come from other sources mother countries and that's the same thing in the other all the commodities beef pork lamb poultry products the grange all of this is something that has been affected because our economy is so good and it then becomes too expensive yeah of things cost more in a good economy and it's harder to produce on the farm so instead of helping to mitigate this problem the easy thing is for these big corporate entity to go by offshore and bring the stuff in here of course that means that the family farmer takes it in the neck one more time what about the.
"dean foods" Discussed on Bloomberg Radio New York
"Pair of jimmy choose at you know probably probably maybe not only at thirty five hundred dollars i think he could do that you you could also by hundred boxes of avocados it is also surpassing that the market value of fifty six billion dollars surpasses that of general motors just shy of tesla of course i would note it is not yet where bill gates worth is at ninety billion dollar so pick one has a bit more work there too sir past bill gates well if if you think that the the essentials of life include jimmy choosing avocados yeah i think i could live off give me she's not the date but slowing sales in the u s led to one of the biggest decline irs in today's market today dean foods out stock was down twenty one percent hitting fifty two week level of dollars an eighty six cents was the clothes of the stock today the dell space deemed foods coming out and saying that the us milk market is shrinking stock down the most has been declines seven years they a give some guidance for earnings has put it at about eighty seven cents per share well below the lowest estimates of city analysts who know the milk salesman slowing down completely missed since or mrs to lease the degree to which these problems aren't so analysts wherever work from from big city jp morgan chase arkansas stevens look at this and saw big problems cut the ratings and the stock looked at dean and said that they just can't get americans to drink more milk even as they took out growth hormones added orange and chocolate flavors more organic milk consumers are just looking for alternatives looking at things like almond milk looking for other plantbased beverages and as a result the ceo said quote we face a challenging and rapidly evolving retail environment and he said the sales pressure isn't just discourse that to carry forward the remainder of two thousand seventeen so as a result dean's a dean food shares collapse the stock there was a 21 not too long ago it was in january of this year cycle not a forty six percent for the year twenty one percent today alone.
"dean foods" Discussed on WINT 1330 AM
"Farmer voices were heard here in washington and that's something we drive to make sure happen today as well well how do you at the let's just understand speaking as i said yet too far down the road here but in terms were people know they get the milk in the store go to the a farmer by on the farm i hope they do that be my preference the idea of having milk producers the numbers back then versus now because let's face it the histories of family dean foods and a couple of others have gone a long way to to consolidating the milk production business and so how is it that we have is it the producers being the farmers or the produces being the people who processed the milk and sell it is which how to these to fit together or the one in the same were looked upon as being one of these same thing that really look upon everything one in a lot of our our our core membership are the cooperative our board as incumbent jordi of our borders farmers and so we really look to be that farmer holy here in washington and we tell people when were up on the hill or when we're in the administration offices are even in the white now that we are the voice of of farmers across the country of dairy farmers across the country and that's how we look at policies like trade like immigration i'm like tip margin protection program that were were advocating for an effective safety net for dairy farmers when those margins dip below a catastrophic level having some safety net for them the we really look say that land of what is going to be bad for the farmer the dairy farmer ah when we're advocating for policies and he changed hands with each administration but but especially this one looking at how things in washington.