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1998: Four co-ops, including the southern region of AMPI, form Diary Farmers of America Inc. 2001: Earnings reach $10.8 million on sales of $1.2 billion. Company History: Associated Milk Producers, Inc. (AMPI) is one of the ten largest dairy cooperatives in the United States with 4,600 members that market over five billion pounds of milk per year.
DFA was formed in 1998 through the merger of four dairy cooperatives: the Southern region of Associated Milk Producers Inc.; Mid-America Dairymen Inc.; Milk Marketing Inc.; and Western Dairymen Cooperative Inc. [3] Since then, five other cooperatives have become a part of DFA – Independent Cooperative Milk Producers Association, Valley of Virginia Milk Producers Association, California ...
Sep 26, 2023 · As part of the agreement, in 2020, the Dairy Farmers of America Inc. acquired 44 of Dean's milk production plants for $433 million. In 2022, the company generated an annual revenue of $24.5 ...
- Origins
- Legal Troubles: 1970s
- Mergers and Acquisitions: Mid- to Late 1980s
- The Formation of Dairy Farmers of America: 1998
- Further Reading
Agricultural cooperatives emerged in the United States after the 1922 enactment of the Capper-Volstead Act, which gave small farmers the right to join forces, thereby obtaining greater control over the supply and price of their products. However, with the decline of both milk consumption and dairy farm income in the late 1960s, dairy co-ops began t...
Despite its economic success, AMPI spent much of the next few years embroiled in a series of legal controversies. Shortly after AMPI was formed, the company established a political trust called TAPE, an acronym for Trust for Agricultural Political Education, which later became C-TAPE. In 1972, consumer advocate Ralph Nader began to argue that recen...
AMPI dropped in membership by 1985, but its revenues remained about the same. AMPI’s 23,300 member farms were delivering about 15.7 billion pounds of milk by 1985, and the company’s revenue remained around $2.4 billion. Growth for the co-op came through mergers and acquisitions. In 1986, AMPI strengthened its position in the Great Lakes area by mer...
Into the mid-1990s, the trend toward fewer and larger dairy farms continued and was reflected in AMPI’s membership figures. While AMPI’s dominant position among dairy suppliers remained intact, the co-op soon began merger talks with three other large dairy concerns. By the end of 1997, AMPI’s Southern Region operations, along with Mid-America Dairy...
“Associated Milk Charged with Monopoly in 14-State Area by Justice Department,” Wall Street Journal, February 2, 1972, p. 6. “Associated Milk Offers to Settle U.S. Antitrust Suit,” Wall Street JournalJune 21, 1974, p. 2. Aven, Paula, “Dairy Cooperatives Will Vote in Nov. on Merger,” Denver Business Journal, October 17, 1997, p. 7A. Blair, Jess F., ...
Associated Producers of America, Inc. Overview Associated Producers of America, Inc. filed as a Domestic for Profit Corporation in the State of Florida and is no longer active . This corporate entity was filed approximately forty-eight years ago on Wednesday, September 8, 1976 as recorded in documents filed with Florida Department of State .
ASSOCIATED MILK PRODUCERS INC. 315 North Broadway P.O. Box 455 New Ulm, MN 56073
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It placed third in the 2021 Dairy 100. It placed second in the 2022 Dairy 100. This year it is No. 1. Kansas City, Kan.-based Dairy Farmers of America Inc. (DFA) took over the top spot on the 2023 Dairy 100 — based upon 2022 or a company’s latest fiscal-year revenues — with Land O’Lakes Inc. placing second and Saputo placing third as it has done for the past two years.
