Despite $1.1 billion year, Organic Valley posts $10 million loss in 2017 — its first in 20 years

Organic Valley posted its first financial loss in 20 years in 2017, despite its second consecutive year of gross sales over $1.1 billion and business growth of more than 4 percent. The after-tax loss of about $10 million — compared with a $6.3 million profit the previous year — resulted from a combination of factors, including excess supplies of both organic and conventional milk that bedeviled all U.S. dairy farmers.