Dairy Checkoff Annual Report offers 2023 highlights, financials

Report provides audited financial report for 2023.

November 11, 2024

1 Min Read
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Dairy Management Inc. (DMI), the planning and management organization that oversees the national dairy checkoff program, has published its 2023 annual report.

The report provides checkoff funders and other members of the dairy community an audited financial report and highlights from 2023, including:

  • Boosting domestic and international dairy sales.

  • Building trust with consumers, including younger generations.

  • Promoting dairy as a sustainable and essential food source.

  • Engaging farmers and the broader dairy community.

Barbara O’Brien, chief executive officer of Dairy Management Inc., commented: “2023 saw significant shifts in the dairy industry and its leadership. With this change came opportunities – to reintroduce the checkoff to new leadership and align around fundamental strategies that will drive volume and value for farmers and the broader dairy industry. We took the time to engage cooperatives, leaders and farmers in the DMI vision and priorities.”

The report features insights from farmer leadership, including DMI Chair Marilyn Hershey, United Dairy Industry Association Chair Alex Peterson and National Dairy Promotion and Research Board Chair Joanna Shipp. Additionally, O’Brien shares thoughts on checkoff strategies designed to build sales and trust of dairy.

“The 2023 annual report delivers insights in a transparent way of the dairy checkoff’s mission, including highlights and a financial summary of how our dollars are being invested,” Hershey said. “This is a powerful tool that shows the workings of our organization and how the checkoff is delivering results for us.”

The checkoff’s 2024 program budget summary and audited financial statements also are available at https://dairycheckoff.com/about-us/budget-financials.

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