Dairy That Had Filed for Bankruptcy Rebounding
Associated Press - September 15, 2014 12:27 pm
A northeast Kansas dairy that filed for bankruptcy protection in 2012 is rebounding.
The Iwig Dairy Farm now has 100 cows near Tecumseh and sells its milk, ice cream and butter at stores on the farm, in Lawrence and in Topeka.
The family farm, which has been raising cows since 1910, expanded into processing and bottling milk and selling it in retail stores in 2005. Then a long drought began, driving up feed prices for the farm’s animals.
Two years ago, the farm filed for Chapter 12 bankruptcy, which was designed for financially distressed family farmers.
Owner Tim Iwig told The Topeka Capital-Journal that he has considered producing other dairy products, such as yogurt and sour cream, but will focus on the farm’s best sellers for now.