2024 March Board Book

added white milk, with sales totaling $1.05B. While the increase in sales compared to the previous year was small with a 0.4% increase.

Lactose free brands such as Hood Lactaid and Fairlife saw a substantial increase in dollar sales compared to the previous year. Hood Lactaid sales increased by over $130MM (15.1%) while Fairlife white value-added increase by $6.19MM (13.7%).

New Processor Partners

Voyager Milk is the only portable, whole milk powdered toddler milk sourced from family farms in California. USDA Organic and grassfed. Alexandra Betholet is the founder and CMO. Voyager was recently selected as a finalist in Walmart’s Open Call competition which will carry the products in a handful of stores in 2024. Voyager Milk sources the milk powder from Organic West and the product is packed in Utah. Boss Nation Brands (aka Boss Dog) recently added the RCM to their line of frozen pet treats, currently copacked by Rosa Bros. Our team is working closely with Basel Nassar, their CEO to provide the marketing support needed when the new labels hit the shelves in summer 2024. Santini Foods, based out of San Leandro, CA are processors of canned condensed milks recently produced a lot code of products with a black grease on the inside of the lid. Consumers have been calling and reporting their concerns through the cowsystem. We contacted Santini Foods and they have informed the customers that this is a food grade grease with no health or safety issues. Rizo Lopez Recall - As widely reported, Rizo Lopez continues to receive media attention regarding their recent product withdrawal stemming from Listeria concerns. We have been in contact with Tomas and the Rizo team to offer CMAB support and guidance. The withdrawal impacts (as of 2/14/24) 114 items in their portfolio with products ranging from hispanic cheeses and creams, ricotta, salad kits, enchiladas, dips, and yogurt. Retailers impacted include Albertsons, Safeway, HEB, Trader Joe’s, Costco, Whole Foods, Kroger, and Savemart companies. Brands under the recall spans across over 30 brands including many under private label. The plant is currently shut down until further notice. Product Quality

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