(click on image to enlarge)
USDA, today, released their "Dairy Products" report. One item I have been following all year is the production of yogurt. No one ages yogurt. No one makes yogurt without an order. No one would be ordering more yogurt if sales were down.
One can only logically conclude, rumors of the death of dairy sales are, and have been, premature.
Danone Says Sales Growth Accelerated, Boosting Shares
ReplyDeletehttp://www.bloomberg.com/apps/news?pid=newsarchive&sid=aIIV99letDFM
Sales in the third quarter ended Sept. 30 rose 4.1 percent excluding acquisitions, disposals and currency swings, more than the previous quarter’s 2.2 percent gain, the Paris-based maker of Actimel yogurt drinks said today. The quantity of products sold gained 7.1 percent on that basis, with the dairy unit up 7 percent and the bottled water division growing 9.8 percent.