AMPI Annual Meeting Numbers 25 Mar 14

New Ulm’s Associated Milk Producers Incorporated announced this week that the dairy marketing cooperative recorded sales of $1.8-billion and earnings of $7.5-million in 2013. AMPI is owned by 2,600 Upper Midwest dairy farmers. American-style cheese production totaled 400-million pounds in 2013, and remains AMPI’s top product category. Cheese sales increased 7% last year, while butter sales rose for the eighth consecutive year, posting a 3% gain. The cooperative marketed 5.8-billion pounds of milk through 10 manufacturing plants in 2013 as well, and nearly 70% of AMPI’s consumer-packaged business was sold to foodservice customers. The annual AMPI business meeting concludes today (TUE) in Bloomington.