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• The Wall Street Journal reports that “America’s biggest milk maker is running out of options as milk consumption continues to decline in the U.S. Dean Foods Co.’s sinking sales also have been hurt by big customers such as Walmart Inc. opening their own dairy plants to help guarantee their own supply. The dairy company’s sales last year of $7.8 billion were down 38% from a decade ago.”

The story points out that milk prices have been falling, even as dairy cows have become more efficient. (Did they have any udder choice?) All of which means that “Dean has hired bankers to review options including a sale of the company, privatization or divestiture of some assets.
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