Lactaid® Brand has formed a new partnership with 3-A-Day of Dairy, the nutrition-based marketing and consumer education campaign managed through the National Dairy Council. As part of this new relationship, Lactaid becomes a major sponsor of programs designed to educate Americans on the benefits of eating a healthy diet that includes 3 servings of dairy a day.
A bi-partisan group of dairy state lawmakers is pushing a measure through the U.S. Senate to double the size of the Milk Income Loss Contract (MILC) subsidy, which provides payments to producers when milk prices fall. Sen. Norm Coleman (R-MN) and Sen. Herb Kohl (D-WI), the measure's co-sponsors, say it would extend MILC through September 2007 and increase the cap to 4.8 million gallons per year. Coleman says the measure has quickly gained support in the Senate - and beyond.
Dean Foods Co. reported lower earnings for 2004, although sales were on the rise. Executives said volatile raw milk prices caused the Dairy Group, which accounts for 80% of Dean's business to underperform. They also pointed to stronger fourth quarter performance as a sign of good things to come.