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What is Dean Foods Q2 2014 Earnings Overview about?

Dean Foods reported challenging second quarter 2014 earnings. Adjusted operating income declined $71 million year-over-year to a loss of $6 million due to softness in the fluid milk category, record high raw milk costs, rising butterfat prices, and transitory costs associated with store transitions and volume losses. Fluid milk volume declined 4% year-over-year for Dean Foods. While raw milk costs are expected to remain elevated, global milk production growth is forecasted to increase, which may provide som

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