On July 16, four California milk marketing cooperatives signed a Marketing Agency In Common (MAC) agreement for the purpose of working together to find methods to more efficiently and cost effectively market the milk produced by their members and to more closely align the supply and demand for milk and dairy products in California.
The formation of the Western Milk Cooperatives Agency will also allow for the acquisition, exchange and dissemination of production, market and statistical information for the mutual benefit of the members of the four cooperatives – California Dairies, Inc.; Dairy Farmers of America, Inc. (Western Council); Land O’Lakes, Inc.; and Security Milk Producers Association.
The cooperatives will begin immediately to identify synergies and operational efficiencies, particularly in the area of milk transportation, to address the short-term financial crisis facing California dairymen.
For more on this read: Four California cooperatives reach agreement
Source: Western United Dairymen