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Dairy Farmers of America
Dairy Farmers of America Inc. (DFA) is a national milk marketing cooperative in the United States. DFA markets members' raw milk and sells milk and derivative products (dairy products, food components, ingredients and shelf-stable dairy products) to wholesale buyers both domestically and abroad. Net sales in 2016 were $13.5 billion, representing about 22 percent of raw milk production in the United States.
History
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. Since then, five other cooperatives have become a part of DFA – Independent Cooperative Milk Producers Association, Valley of Virginia Milk Producers Association, California Cooperative Creamery, Black Hills Milk Producers and Dairylea Cooperative Inc. Its headquarters from 1998 until 2017 was near Kansas City International Airport in Kansas City, Missouri. In 2011, DFA acquired Kemps of St. Paul, Minnesota, and its subsidiaries from HP Hood. In 2014, DFA acquired Oakhurst, and Dairylea Cooperative Inc. merged with the farmer-owned Cooperative. DFA became the sole owner of America Buys kemps in 2015, which was once a partnership between DFA and Fonterra Co-operative Group Unlimited. DFA also acquired Cumberland Dairy, a processor of ultra-pasteurized dairy products, in 2017. In February 2020, DFA agreed to buy Dean Foods, the largest U.S. milk producer for $433 million. As part of the deal, DFA would acquire 44 of Dean's plants. In May 2020 that deal was finalized and the acquisition was completed.
Brands
Commodity price manipulation issues
In 2008, the Dairy Farmers of America and two former executives agreed to pay $12 million to settle Commodity Futures Trading Commission charges for attempting to manipulate the Class III milk futures contract and exceeding speculative position limits in that contract.
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