23 Dec 2024

Dairy prices | Farmers Strike $40M Deal With DairyAmerica Over Milk Pricing

Complaint alleged fraudulently modified data. Settlement includes $13 million in attorneys’ fees.

An association of dairy cooperatives will pay $40 million to settle dairy farmers’ claims that it provided data to the USDA that depressed raw milk prices.
The Eastern District of California approved a class action settlement between milk-marketing association DairyAmerica Inc., member California Dairies Inc., and 26,000 dairy farmers.
The four named plaintiffs will each receive $90,000, and four former named plaintiffs will receive $10,000 under the agreement approved by the court.
The court also approved an award of attorney.

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Topics |
Dairy prices, DairyAmerica, Milk

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