DFA Reports Profit Jump

Posted by Brian Gould Wed, 24 Mar 2010 15:12:00 GMT

Dairy Farmers of America, Inc., the largest U.S. dairy cooperative, said profit rose 6.3 percent in 2009 as reduced costs and the sale of a business offset slumping milk prices. Net income rose to $65.6 million from $61.7 million in 2008, the Kansas City, Mo.-based cooperative said in a statement today. Sales fell 31 percent to $8.1 billion from $11.7 billion. For more detail click here.