No. 1 Milk Company Declares Bankruptcy Amid Drop in Demand

UNDATED (AP) — Dean Foods, America’s biggest milk processor, has filed for bankruptcy amid a steep, decades-long drop-off in U.S. milk consumption blamed on soda, juices and, more recently, nondairy substitutes. The Dallas company said it may sell itself to the Dairy Farmers of America, a marketing cooperative owned by thousands of farmers.


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