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NMPF Statement Regarding IDFA-Sponsored Informa Economics Study

January 25, 2011

MIAMI, FL – While attending the International Dairy Foods Association (IDFA) 2011 Dairy Forum here this week, NMPF President & CEO Jerry Kozak issued this statement in response to the newly-released Informa Economics study that IDFA sponsored:

“Dairy farmers in every state saw their collective milk income drop more than ten billion dollars in 2009, which doesn’t even include billions more in lost equity.

“This catastrophe was the result of current dairy policy that doesn’t offer farmers of any size, in any state, the protections they need against catastrophic financial losses. NMPF’s Foundation for the Future has been carefully designed to offer protection for their hard-earned equity.

“While providing all farmers in all regions a better safety net, Foundation for the Future also discourages periodic marketplace imbalances that generate enormous volatility, hurting all dairy producers.”

The National Milk Producers Federation, based in Arlington, VA, develops and carries out policies that advance the well being of dairy producers and the cooperatives they own. The members of NMPF’s 31 cooperatives produce the majority of the U.S. milk supply, making NMPF the voice of more than 40,000 dairy producers on Capitol Hill and with government agencies.