Leaders of Associated Milk Producers Inc., also known as AMPI, announced that the dairy marketing cooperative recorded sales of $1.8 billion and earnings of $7.5 million in 2013.
The annual business meeting of the cooperative owned by 2,600 Upper Midwest dairy farmers concludes Tuesday in Bloomington, Minn.
American-style cheese production totaled 400 million pounds in 2013, and remains the cooperative's top product category. AMPI was also a leader in Midwest powder production. Products such as nonfat dry milk, whey protein concentrate and lactose were sold to domestic and global customers as demand for milk proteins increased worldwide.
AMPI Chairman of the Board Steve Schlangen reviewed the steps taken in the past year to position the cooperative for strategic growth.
The annual meeting culminates with delegates considering resolutions and reviewing the cooperative's legislative priorities.