date:May 15, 2014
has been very good about is going on strike.
That's happening now in the dairy aisle. As U.S. milk prices go up, shoppers buy less, according to Dean Foods Co, the largest U.S. milk processor. Fluid milk industry volumes fell 2.1 percent in the first quarter, according to Dean.
There are certain price thresholds that we can't cross, or it starts to impact the demand, Dean Chief Executive Gregg Tanner said on a conference call with analysts last week. We experienced additional softness in our v