The White House unveiled the "Farmers to Families Food Box Program." While many dairy groups praise the program, saying it hits all stops of the supply chain, some produce companies say it misses the mark.
Bankers across the country have indicated operating loans will be harder to secure in for 2019. Why is that? Well, a multi-year stretch of poor prices is driving balance sheet issues that lead to loan denials.
Borden Dairy Co. filed for bankruptcy, becoming the second major U.S. milk seller to do so in two months as competitive pressures, declining consumption and falling profits made its debt load unsustainable.