a broad discussion of dairy covering a wide range of issues
Good letter- won't hold breath waiting for answers!!
As usual a very thought out and to the point letter from Mr. Genske. The questions he asks are questions any owner of a business should be able to ask of his (or her) employees. One other cost I might request is the cost of ongoing litigation currently in process. There are many lawsuits progressing slowly through the courts against DFA and lawyers aren't cheap.
DFA is not alone in their disregard for producer income, every major co-op is equally guilty. The basic problem stems from our end-product pricing formulas that leave little chance for higher margins to processers unless they increase the volume of milk through the plant. Now that plants have convinced policy makers to increase the make-allowances to a comfortable level they can crank out product and sell below our COP.
Is DFA not a not-for-profit cooperative? Can the executive salaries be found the same as your prior inquiries? Should'nt this be public information?