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Ag News
Dairy Farmers Receiving Early Payments
Published Tuesday, June 09, 2009 at 05:24 AM
The dairy farmer-owners of Associated Milk Producers Incorporated are getting a financial boost. Payments, normally mailed out in December, are being mailed ahead of schedule to help dairy farmers weather difficult economic times. Members are receiving 2.1-million dollars in past earnings from the cooperative.

Rice Lake, Wisconsin Dairy Farmer and AMPI chairman Paul Toft announced the board’s vote to move up payments normally made in December. Toft said, - AMPI has long been recognized for its timely equity revolvements. We’re living up to our reputation, he said. The June payout is a portion of the projected equity payments AMPI members will receive in 2009.

AMPI’s earnings come from adding value to every hundredweight of milk produced by its dairy farmer-owners. Member milk is manufactured into a complete line of packaged dairy products, including the cooperative’s award-winning cheeses. The cooperative packages dairy products under hundreds of leading labels to fulfill orders from retail, food service and food ingredient customers.

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Leaderboard: Panhandle Coop