Herd

Dairy Groups Settle Price-Fixing Lawsuit for $52M

According to a statement from Jim Mulhern, president and CEO of the National Milk Producers Federation, the group is settling the suit to put the issue behind them and move on to other issues. “It is important to note that the court has found no antitrust violation and CWT makes no admission of wrongdoing in this settlement. The activity at issue in this litigation — the herd …


Dairy Industry Killed Off 500,000 Cows in Alleged Price-Fixing Scheme

“Cooperatives Working Together actually had information about its so-called ‘dairy herd retirement,’ program on its own website, along with economic analysis … showing how much the industry profited from the program,” Leahy said. “We took that information and analyzed the applicable law.” At least some of that data is still online. A 2009 analysis by Scott Brown of the University of Missouri- …