CoOps
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With much of the Upper Midwest processing capacity maxed out in terms of milk production, finding a new home for milk is not an easy task. This is causing dairy farms to dump milk due to the oversupply.
America’s largest retail store has announced its plans to build a $350 million milk processing plant in Valdosta, Ga.
America’s largest retail store has announced its plans to build a third milk processing plant, this time in Robinson, Texas.
For the latest list—based on 2022 data—47 of the 100 cooperatives are in agriculture. In all, 59% of the $319 billion in generated revenues of co-operatives are from those ag-focused co-ops: $187.6 billion.
The February 2023 USDA Milk Production report showed an 0.8% increase in year-over-year milk production with a total of 17.7 billion lbs. of milk. Also following suit, U.S. cow numbers also documented growth.
Land O’ Lakes demo’ed a 2,800 mile driverless freight delivery and sees autonomous trucking as part of its future.