According to Dairy Herd Management, bright prospects for Domino's could be driving up dairy prices nationwide.
Increased pizza consumption may help trim excess cheese supplies and provide a lift for beleaguered dairy producers still reeling from a milk-price crash. Pizza generates about $32.5 billion in annual restaurant and grocery store revenue, and about a quarter of all cheese sold is used to make pizza, according to Dairy Management Inc., which manages the national dairy checkoff program.
Amazing facts: Almost half of U.S. milk production goes to cheese. A quarter of all cheese ends up on a pizza. And one in ten pizzas are from Domino's.
While dairy farmers have been decimated over the last year, Domino's is doing fine. The article says its sales grew throughout 2009.
