Another major dairy company has filed for Chapter 11 bankruptcy. Bloomberg News reports that Dallas-based Borden Dairy filed for bankruptcy protection Monday, as declining consumption and rising costs continue to put pressure on the dairy industry. The company reported a net loss of over 42 million dollars for 2019, nearly three times the size of its deficit for 2018. Borden says it plans to continue normal operations while a recovery plan is developed. Its filing comes two months after Dean Foods announced its bankruptcy filing, along with a proposal for that company’s assets to be acquired by the Kansas-based Dairy Farmers of America cooperative.