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March
  1. Three Northeast Dairy Farm Families Recognized for Their Herds’ Excellent Milk Quality
June
  1. Dairy Co-op asks U.S. Secretary of Agriculture to stop the price collapse and set minimum wholesale dairy product prices
June
  1. Richardson’s Rocky Acres Farm celebrated during June Dairy Month
April
  1. Townley named new CEO of Agri-Mark
  2. CABOT CREAMERY EARNS HONORS AT 2015 US CHAMPIONSHIP CHEESE CONTEST
  3. Agri-Mark paid out a record amount in milk quality premiums to farmers last year
September
  1. Young farmers receive $1,000 Scholarships from Agri-Mark
March
  1. Agri-Mark farmers receive $11 million year-end profit
  2. CABOT VINTAGE CHOICE CHEDDAR REPEATS AS GOLD MEDLIST AT WORLD CHAMPIONSHIPS
August
  1. Agri-Mark earns Grade A designation from FDA on its whey products
March
  1. PDF Agri-Mark farmers share $10.2 million year-end profit.
September
  1. PDF Agri-Mark Named 2013 Exporter of the Year
March
  1. PDF Agri-Mark farmers will share $15 million year-end profit
October
  1. Agri-Mark names Stammer new CEO
March
  1. Agri-Mark dairy farmers share $14.9 million profit
June
  1. PDF NMPF Board Adopts Multi-Faceted Proposal To Make Major Changes in U.S. Dairy Policy
September
  1. Marginal Milking Pricing Information
October
  1. PDF CWT To Focus on Exports After 2010
February
  1. PDF Rea elected to his third term as Agri-Mark Chairman
March
  1. PDF Agri-Mark dairy farmer co-op earns $11.8 million
June
  1. Agri-Mark pre-pays its dairy farmers
October
  1. PDF CWT Announces Third Herd Retirement of 2009
  2. Agri-Mark sends $2 million to struggling dairy farmers
January
  1. PDF CWT TO OFFER BRED HEIFER OPTION IN NEXT HERD RETIREMENT ROUND
  2. PDF Torn Between Two Loves; Football and Cheese
February
  1. Agri-Mark dairy co-op earns $17.6 million
June
  1. PDF
July
  1. PDF CWT Accepts Herd Retirement Bids
October
  1. PDF CWT Announces Herd Retirement
December
  1. PDF CWT Accepts 184 Bids Representing 61,00 Cows, 1.2 Billion Pounds of Milk
June
  1. Agri-Mark expects record farm milk prices
October
  1. Cabot receives a Rural Development Grant from USDA
March
  1. Allied and Agri-Mark farmers vote to come together
January
  1. Agri-Mark Farmers to Receive $11.4 Million
February
  1. Peterson elected to 13th term as Agri-Mark
April
  1. Cabot Distribution Center Nears Completion
May
  1. Allied and Agri-Mark dairy co-ops agree to work more closely together
January
  1. Agri-Mark farmers purchase McCadam Cheese business
February
  1. Agri-Mark announces $6.8 million profit
July
  1. Farm milk prices projected to jump this summer
February
  1. Agri-Mark Posts $5.7 Million Year-end Profit
  2. Peterson Elected to 11th Term as Chairman
April
  1. Farm Bill provides safety net for Farmers
December
  1. Agri-Mark set to purchase McCadam Cheese business
April
  1. Agri-Mark reports $1.9 million profit
  2. Agri-Mark farmers hold annual meeting in Vermont
October
  1. Wholesale Butter and Cheese Prices Collapse
For Immediate Release

Contact Doug DiMento
978-552-5541

Agri-Mark farmers hold annual meeting in Vermont

Updated on past year and recent industry changes
Burlington, Vt. - Agri-Mark, Inc., the region's premier dairy farmer cooperative, begins its two-day annual meeting in Vermont today to report to its members on its past year of activities and success of its Cabot business. More than 400 dairy farmers and industry guests will attend this meeting to be updated on the past year of Agri-Mark plant cooperative operations and industry events.

Agri-Mark has 475 dairy farm families in Vermont among its 1,400 members and had year-end profits of $1.9 million.

"Our business growth has been phenomenal, especially on the Cabot side of our business," says Paul P. Johnston, President and General Manager. "We set new records for Cabot sales, added customers on the Agri-Mark side of the business, and each year we are continuing to build a more profitable milk marketing system.

"Agri-Mark had sales of $520 million this past year and last fall completed the construction of a $20 million whey protein processing plant in Middlebury. Agri-Mark captures valuable proteins from the whey -- a by-product of its cheddar cheese operations in Cabot and Middlebury -- and markets them throughout the world.

Agri-Mark/Cabot has more than 430 employees in the state, and an annual Vermont payroll of more than $10.2 million.The farmer cooperative has a total of 600 employees in four locations in New England and is ranked among the top 25 private companies in the region, based upon annual sales.

"Our industry is changing rapidly, and as dairy farmers, we must be prepared to control our own financial destiny through value-added marketing," says Carl Peterson, a dairy farmer from Delanson, N.Y., who serves as Agri-Mark's Chairman of the Board. "With unbelievable consolidation on the milk processors side of the business, farmers must continue to work together if they want a fair farm milk price."

From a dairy farmer perspective, Peterson notes that it is important for farmers to continue to work together as their market strength has decreased in the face of consolidation and growth in other areas of the industry. Farmers and their cooperatives must also work in areas other than value-added marketing to increase dairy farmer income, particularly on pricing mechanisms like the Northeast Dairy Compact, he says.

The first day of the annual meeting will give Peterson, Johnston and the cooperative staff a chance to update farmer-members on the Dairy Compact, their Cabot business growth and Agri-Mark operations. More importantly, he says, Agri-Mark is reporting to its members on the actions it will take during the coming year to ensure that farmers
are receiving a fair milk price.

On the second day of the meeting, farmers will discuss and vote on resolutions that set cooperative policy for the coming year. There is also ample time set aside for open discussion and exchange of ideas between the membership, Board of Directors and management staff.

Agri-Mark has been steadily investing in Vermont, and as part of the meeting, farmer members will be given tours of the co-op's Middlebury cheddar and protein processing plant. Since Agri-Mark and Cabot merged in 1992, Agri-Mark's asset base in Vermont has grown from $30 million to more than $86 million today between its Middlebury and Cabot locations.

"Farm families have been on a roller-coaster ride as far as milk prices,'says Chairman Peterson. "We expect that will continue, so we are continuing to make solid investments in the future. In 2001, our goals are to improve our dairy farmer member income and further increase profits," he says.

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