No. 1 milk company declares bankruptcy amid drop in demand
Packages of Land O' Lakes butter, a Dean Foods brand, are shown at a grocery store, Tuesday, Nov. 12, 2019, in Doral, Fla. Dean Foods, America's biggest milk processor, filed for bankruptcy Tuesday amid a steep, decades-long drop-off in U.S. milk consumption blamed on soda, juices and, more recently, nondairy substitutes. (AP Photo/Wilfredo Lee)
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Dean Foods blamed a decadeslong drop in milk consumption that has seen people turn to alternatives like soda, juice and almond milk.
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