Modern Dairy Milks Profit From Tough Market
The company swung to the black in the first half of the year by banking on rebounding cattle prices and lower costs, even as milk prices remained stuck in the doldrums image credit: Bamboo Works Key
Modern Dairy made money again because cows cost less to raise and sell, even though milk prices stayed low. When a company can earn profits during hard times, it shows smart management—watch to see if they keep it up.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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