Darigold completes first offering through Global Dairy Trade platform
The company offers three products
7 July 2023
2 minute read
By: Darigold, Inc., the Seattle-based farmer-owned dairy co-op, has joined the Global Dairy Trade platform and has completed its first product offering through GDT Events, according to a press release from the company.
Through the offering, initiated on July 4 as part of GDT Trading Event 335, Darigold offered two skim milk powder products and one buttermilk powder product.
One of the largest dairy producers in the United States processing nearly 10 billion pounds of milk annually, Darigold is looking to leverage its proximity to global shipping infrastructure and building a new production facility in Central Washington to support its global growth ambitions. Working with GDT expands the co-op's reach into new markets and provides access to more customers, making GDT an important strategic partner in Darigold's global transformation.
"The Darigold brand is beloved in the Northwest where our farmer-owners are raising cows and our teams have been producing high-quality dairy products for more than 100 years," said Joe Coote, CEO at Darigold. "But the growth opportunities in dairy are more robust in global markets, and our co-op is uniquely positioned to leverage this opportunity."
"While we're already a top-tier dairy producer in the United States, there's an opportunity for us to transform Darigold into a global leader in the category as well," she said. "That's one of the ways we are continuing to build value for our farmer-owners, our co-op, and our customers."
