Improved milk prices give boost to Dairylea

Rural Cooperatives, Nov-Dec, 2004 by Dan Campbell

Dairylea Cooperative Inc. reported sales of $962 million for the fiscal year ending March 31, up 12.95 percent from the previous year. The Syracuse, N.Y.-based co-op paid its 2,500 members $846 million, up from $759 million the year before. Daily lea reported $892,000 in after-tax profits in 2004, up from $696,000.

Co-op President and Chairman Clyde Rutherford said high milk prices for the first time in many years helped the co-op's performance.

Dairy lea sells it members' milk to a number of processors and provides a variety of services to them, from financing to insurance.