date:Aug 13, 2012
eral, we're in a better position today than we were a year ago or two years ago, he added.
The US drought has also affected the soybean crop. Dean Foods sells a range of products made with soy, including under the Silk brand, and Engles was asked about the impact the reduced soybean yields could have on the company.
Engles said Silk has a fundamentally different margin structure than our Fresh Dairy Direct milk business. He added: The cost of raw materials as a percentage of selling price is j