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20. Related Party Transactions
The Company has a 50% voting interest in Melrose Dairy Proteins, LLC, a joint venture with Dairy Farmers of America formed in April 2001. For the years ended December 31, 2002 and 2001, the Company purchased $18.6 million and $1.3 million, respectively, in product from the venture and sold $96.1 million and $63.2 million, respectively, in product to the venture.
The Company has a 50% voting interest in Agriliance LLC, a joint venture with United Country Brands formed in July 2000. For the years ended December 31, 2002 and 2001, the Company sold services to the venture of $8.3 million and $7.1 million, respectively.
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