ST. ALBANS, Vt. – After weeks of discussion, the St. Albans Cooperative Creamery is recommending a merger with Dairy Farmers of America in Kansas City.
Vermont has lost 400 farms in the past decade due to an oversupply of milk and lower prices for dairy farmers.
The Co-op board voted unanimously on Monday to recommend the merger. Members will vote in late July. If the merger is approved, it will be effective on August 1st.
“They will help all farmers re-invest in our infrastructure here and when we do that it will be good for the whole dairy industry in New England,” said Harold Howrigan, chairman of the Co-op Board of Directors.
Co-op executives hope this deal will give them access to more money and larger markets, making them more competitive with other co-ops.