$TBEV announced its subsidiary, Columbia Basin Dai
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Posted On: 10/27/2017 10:00:41 AM
$TBEV announced its subsidiary, Columbia Basin Dairy Holdings, LLC, (referred as "CBDH"
has submitted their plan to acquire up to 300 additional dairy cows over the next several months.
Columbia Basin Dairy Holdings (CBDH) submitted its plan to the Board of Directors of the Company in order to purchase up to 300 more dairy cows that would add to its existing 60 cow dairy herd. The Board is now in the process of reviewing the plan for approval.
CBDH is also reporting they have begun generating revenues from their 60 cow herd. In the first two weeks of milking, the herd has generated $11,472.30 in milk sales. Average lbs./head/day is 71 lbs. and on the rise as CBDH works in new feed and comfort for the cows. The Company will be settling with the dairy facility monthly to reconcile milk production and milk sales with plans on reporting sales accordingly.
Ryan Coulston, CEO & President, stated, "Currently with 60 cows milking in Cascade's dairy herd, our business is hard underway. The dairy where our 60 cows are currently located has the capacity to milk up to 300 additional cows and we intend to initially grow our herd at this facility until our previously announced plans of growth are finalized." He also stated, "Milk prices are on the rise, and so is the quality of our milk blend. The high production of the milk will guarantee our company's profitably and longevity and will increase revenue to help supplement our herd with continual growth."
https://finance.yahoo.com/news/cascade-dairy-...00824.html
has submitted their plan to acquire up to 300 additional dairy cows over the next several months. Columbia Basin Dairy Holdings (CBDH) submitted its plan to the Board of Directors of the Company in order to purchase up to 300 more dairy cows that would add to its existing 60 cow dairy herd. The Board is now in the process of reviewing the plan for approval.
CBDH is also reporting they have begun generating revenues from their 60 cow herd. In the first two weeks of milking, the herd has generated $11,472.30 in milk sales. Average lbs./head/day is 71 lbs. and on the rise as CBDH works in new feed and comfort for the cows. The Company will be settling with the dairy facility monthly to reconcile milk production and milk sales with plans on reporting sales accordingly.
Ryan Coulston, CEO & President, stated, "Currently with 60 cows milking in Cascade's dairy herd, our business is hard underway. The dairy where our 60 cows are currently located has the capacity to milk up to 300 additional cows and we intend to initially grow our herd at this facility until our previously announced plans of growth are finalized." He also stated, "Milk prices are on the rise, and so is the quality of our milk blend. The high production of the milk will guarantee our company's profitably and longevity and will increase revenue to help supplement our herd with continual growth."
https://finance.yahoo.com/news/cascade-dairy-...00824.html
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