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Milk co-operative turns sour

Jim Riley

4th June 2009

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A rare example of a form of business organisation that used to feature regularly in business textbooks has entered insolvency…

The business has:

- A turnover of £562m turnover
- 2,200 employees
- 1,800 farmer members, and
- a 10% share of UK milk production

The business is a co-operative named Dairy Farmers of Britain. But DFB has been forced into administration due to significant losses.

Might the result be higher milk prices in the supermarkets?

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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