date:Aug 13, 2012
tepid domestic demand had meant inventories of products like cheese, non-fat dry milk and butter were high.
In the past, when milk prices had increased, Dean Foods had to also deal with higher fuel or resin prices, which Engles said were not factors this time. We see a rising milk commodity environment, but we don't see the same sorts of inflationary pressures, at least to the extent we have in the past, with respect to other important inputs in the Fresh Dairy Direct cost matrix, he said.
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