date:Aug 13, 2012
casts they could hit profits from Dean Foods' Fresh Dairy Direct liquid milk division by up to US$10m. This is roughly equivalent to $0.02 to $0.04 per share, he said.
However, speaking to Wall Street analysts on Wednesday (8 August) after Dean Foods announced its half-year financial results, Engles outlined factors he believed would mean the impact on dairy prices may not be as strong as some forecast.
Engles said US milk production had been strong in the first half of the year and he claimed