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Judge approves $50M settlement to Northeast dairy farmers

Judge approves $50M settlement to Northeast dairy farmers

MONTPELIER, Vt. (AP) — A federal judge on Tuesday approved a $50 million settlement to be paid by a national dairy marketing cooperative to thousands of Northeast dairy farmers. Dairy Farmers of America will pay an average of $4,000 to about 8,860 farms to settle a lawsuit that accused the marketing group of trying to drive down milk prices.

MONTPELIER, Vt. (AP) — A federal judge on Tuesday approved a $50 million settlement to be paid by a national dairy marketing cooperative to thousands of Northeast dairy farmers. Dairy Farmers of America will pay an average of $4,000 to about 8,860 farms to settle a lawsuit that accused the marketing group of trying to drive down milk prices.…