Borden's Dairy files for bankruptcy

Discussion in 'Body and Health' started by Southpaw, Jan 7, 2020.

  1. Jan 7, 2020 at 7:46 AM #1
    Southpaw

    Southpaw Provocateur aka Wallyburger Contributor

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    Borden Dairy becomes second major milk producer to file for bankruptcy in two months

    Facing heavy debt and industry headwinds, 163-year-old firm joins Dean Foods in Chapter 11 protection

    The industry head winds go on from there. Milk producers are up against a decline in cereal sales as consumers shift toward breakfast options with more protein and less sugar. Walmart, the nation’s largest retailer, has started processing some of its own milk, cleaving sales from legacy brands like Borden and Dean, which have had to keep prices low to stay competitive. Americans are even milking goats as never before.

    https://www.washingtonpost.com/busi...id-debt-load-headwinds-facing-milk-producers/
     
  2. Jan 7, 2020 at 10:16 AM #2
    Dback Jon

    Dback Jon Killer Snail Contributor

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    The Tariffs are killing the dairy industry
     
  3. Jan 7, 2020 at 10:28 AM #3
    Southpaw

    Southpaw Provocateur aka Wallyburger Contributor

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    Soy beans
     
  4. Jan 7, 2020 at 10:45 AM #4
    82CardsGrad

    82CardsGrad 7 x 70

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    As well as Almond and Oat Milk...
     
  5. Jan 7, 2020 at 11:08 AM #5
    Dback Jon

    Dback Jon Killer Snail Contributor

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    Alternate milks do play a role. Diets as well (Low Carb needs to stay away from a lot of milks)
     
  6. Jan 14, 2020 at 2:49 PM #6
    BigRedRage

    BigRedRage Reckless Contributor

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    I personally am part of their downfall as I quit drinking milk a long time ago due to milk supporting hitler.
     
  7. Jan 14, 2020 at 4:49 PM #7
    Dback Jon

    Dback Jon Killer Snail Contributor

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    that is wrong. Milk never supported Hitler. It was Stalin milk supported
     
  8. Jan 14, 2020 at 5:04 PM #8
    BigRedRage

    BigRedRage Reckless Contributor

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    Milk supports killing babies.
     

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