Bill and his wife, Sandy, have four children Brett, Beth, Doug and Greg and nine grandchildren. Andrew currently serves as senior vice president, chief legal officer, and general counsel of DFA. Read article. President and Chief Executive Officer, Dairy Brands. In addition, he served on the United Dairy Industry Association board as a delegate for 10 years and one term on the National Dairy Promotion and Research Board. Brad, who is a fourth-generation farmer, began dairying in 1982. Fitch Ratings has placed Dairy Farmers of America, Inc.'s (DFA) Long-term 'BBB' ratings on Rating Watch Negative. Dairy Farmers of America Secures Up to $45 Million in Usda Grant 0000015308 00000 n
Interest received is taxed at the ordinary income rate. Rance Miles, CEO of Select Milk Producers said, "This partnership began two decades ago with the creation of the Southwest Cheese JV by bringing dairy farmers, processors and local communities together to achieve beneficial results for all. DFA is made up of more than 11,500 diverse family farmers from across the country. As chief food safety officer, Rob leads the Cooperatives enterprise food safety, quality and regulatory services functional area. Jennifer works with her parents, brother and three full-time employees on the farm. Ensures corporate policies and standards are followed in both capital project implementation as well as daily maintenance. The Medicare portion of SE is taxed at 2.9 percent for all self-employed income even above $132,900. xref
A recent initiative by the organization was to have dairy products that contained 100 percent Canadian dairy products indicated by using a specific label that states, "100% Canadian milk". Commissioning operations at MWC will take place over the next eight months and will see the initial 1m pounds of milk per day increase to its designed capacity of 8m pounds per day. 1245. From accountants and HR professionals to food scientists, drivers, on-farm field staff, machine operators and more, our employees each play a critical role in supporting our family farmer-owners. Angela works with these groups to grow and develop leaders at every level who deliver excellent business and people outcomes; attract and hire industry talent; and deliver optimal workforce productivity and performance through effective and efficient teams, structure and employee and labor relations. They are kept back by the cooperative as equities or retains to provide capital to build and carry on business activities. Raised breeding livestock such as cows and bulls that are older than 24 months of age are assets defined in IRS U.S. Code Sect 1231. He is also a member of the American Dairy Science Association, Institute of Food Technologists and International Association for Food Protection. Dairy Farmers of America Inc. (DFA) is a national milk marketing cooperative in the United States. Any farm sale is inherently complex and the topics are interrelated. funds and accumulating patronage-based capital that also qualifies for single tax treatment. Larry and his family show and judge at local, state and national shows, and they farm alfalfa, corn and wheat. Byron has served on Midwest Dairys division board since 1998 and on its corporate board for more than 10 years. He has served on the Utah governors agriculture board, the Western States Dairy Producers Association since 1996 and on the Utah Dairy Association since 1994, also serving as a past president. John holds leadership positions on the Ohio Dairy Board and the American Dairy Board. Dairy Farmers of America, Inc. 3.2 . 0
As executive vice president of DFA and president of Dairy Brands North, Pat is responsible for the Central, Mideast and Northeast regions, as well as the divisions cheese and butter businesses and extended shelf-life groups. By leading innovative research, providing nutritional education, and promoting healthy living, we work every day to make Canadian milk better. As senior vice president and chief operating officer of the Northeast Area, Brad has served the Northeast Area in a number of positions, including chief operating officer of both Dairy Marketing Services (DMS) and Dairylea Cooperative Inc. 0000004678 00000 n
to provide capital for the creation of new co-ops and to help . He joined DFA in 2003 and has held various roles within the Western Area, including vice president of fluid milk operations and vice president of operations. He currently holds a leadership position on the Pennsylvania Dairy Promotions Program, and he has received multiple awards from the National FFA Organization. 330-670-7800. Sell the machinery and equipment that are used to make hay and silage once you have enough feed inventory on-hand for the remaining livestock. As herdsman on Ingleside Dairy Farm Inc., Jennifer is responsible for caring for cows on the dairy and completing financial book work. Travis is also a member of DFAs Executive Committee. National milk marketing cooperative in the United States, For brands related to the acquisition of Dean Foods in 2020, see, List of dairy product companies in the United States, "Dairy Farmers of America: global net sales 2018", "DFA Reports Record Profits - Dairy Farmers of America", "Farm Horizons: Merger of four co-ops includes Mid-America Dairymen", "Dairylea Members Approve Merger with DFA - Dairy Farmers of America", "St. Louis Post-Dispatch Newspaper Archives", "DALLAS FIRM PLANS TO BUY SHENANDOAH'S PRIDE DAIRY", "Archive Search - PressDemocrat.com - The Press-Democrat - Santa Rosa, CA", "Dairy Farmers of America Opens the Doors of its New Kansas Headquarters", "Oakhurst Acquired by a Farmer Owned Cooperative - Dairy Farmers of America", "Dairy Farmers of America acquires sole ownership of DairiConcepts - Dairy Farmers of America", "DFA Acquires Cumberland Dairy - Dairy Farmers of America", "DFA completes $433M acquisition, with feds' blessing", "Dairy Farmers of America settles with CFTC", https://en.wikipedia.org/w/index.php?title=Dairy_Farmers_of_America&oldid=1125499210, Food and drink companies established in 1998, Agricultural cooperatives in the United States, Dairy products companies of the United States, Creative Commons Attribution-ShareAlike License 3.0. If your local Extension has Farm Management agents/educators, they may also be available to help answer some questions, explain the potential issues and provide analysis of the situation. They also raise all their own replacement heifers. Check out the Michigan Manure Hauler Certification Program! That means no matter where you live, there's sure to be a DFA family farm just around the bend. Rob is active in the industry, serving as chair of IDFAs Standards and Labeling Committee and as a member on its Food Safety, International Trade and International Standards Task Force Committees, and the Innovation Center for U.S. Dairys Food Safety Operating Committee. """"##$$%%%%%%%%%%$%%%&&&&''&&&&'''())****++++,-.///00001111111111110000112333333333333332222234556689:;;:989999::::99999:::::;;<>>>???????????@@@@AABBCCCDDCDDDCCDDDBAAAA@@@@@@@@@@@@@@@@AAABBAAAA@@@@AAAABBBBAAAA@@BBBBA@??@AABBAA@AAA@@@@??@AABAAAABCBA@ABAAAAAAAAAAAAAAAABAAAABBCBBBBBBBBBBBBBBBBCCCCCCCCCCCCCDDDCCCCCCCCDDDDDDDDDDDDDDDDDDDCCCCBBBA@@@AADDDCCCCCCCCDDDDEEEEEDDDDDDDDDDDDFFFFFFFFEEEEEEEEEEEEEEEEEEEEDDDDEEEEEEEEDDDCCCCBDDDDDDDDBCCDDCCBBBBBAAAAA@@@?? Working At Dairy Farmers of America - Zippia Dan also serves his church, as well as a variety of civic and charitable organizations. Craig is a former DFA Young Cooperator, and he and Katharine have been in the dairy business for more than 40 years. In his current role as chief operating officer of the Central Area, Jon is responsible for the overall business operations of the Area. A partial sale option can be used by selling some assets that are not critical to the core business activity(ies), especially if they are not generating income. Executive Vice President and Chief Financial Officer, As executive vice president and chief financial officer, Kevin is responsible for all finance and accounting functions, along with information technology and internal audit, and works closely with operating divisions on financial matters. He runs John Wuebker Farm with his wife, Nancy, and their nephews. In this role, he oversaw U.S. milk marketing across DFAs seven Areas and the global marketing and operations of DFAs Ingredient Solutions Division, as well as several other business divisions. DFA Reports 2020 Financial Results | Dairy Business News Member equity/retains. They raise their replacement heifers on a feedlot and grow hay, barley, wheat, potatoes and corn on 8,000 acres. See IRS Pub 908 for the treatment of income from the discharge of indebtedness related to Bankruptcy. Manufacturers Family involvement is key to his operations success the family strives for high-end genetics and high-quality milk from their herd. He has served in several farmer-leader roles in the Central Area, including on his Area Resolutions Committee and the Corporate Resolutions Committee. |b. The different methods used by cooperatives Farms with his wife, Holly, and son, Luke. He began managing the dairy in 1980 and introduced three younger partners to the business in 2013. New cheese and whey plant MWC begins production in Michigan In fourth place now is Danone, having been. In partnership with his wife, Teresa, their son, Brandon and his wife, Rachel, Bruce milks 50 cows and grows corn, soybeans and alfalfa on 350 acres. The dairy received the Innovation Center for U.S. The sale of both raised breeding livestock and purchased breeding livestock as well as other assets can create two different types of capital gain (short-term or long-term), each have very different tax consequences. The equities and . We will attempt to explain some of the potential tax liability issues that may arise when selling dairy farm assets as there are significant tax consequences that need to be managed. ""##$$%%&&%%%%%%%%%$$#$$&&((''''((()*+++++))*+,./0..///00001111222222222222234555555555655554444556788889:;;:989999:::::::;;;;>>>>>?????@@@@@@@@AAAABBBBCBBABBDDEDCBBCDEBBBBBAAAAAAAAAAA@@@@@AAABBAAAA@@@@AAAABBBBAAAA@@BCCCBA@@AABBBBAABBAAAA@@?? In partnership with his brother, Randy, and nephew, Russ, they milk 100 Holstein cows and farm 1,200 acres of corn, soybeans, wheat, grass and alfalfa on their century farm, O-Rich Dairy. Harold is in business with his brothers, Lawrence and Michael, his three sons and three nephews.