A $220 million settlement has been reached in a class action lawsuit brought against National Milk Producers Federation (NMPF), Agri-Mark, Inc., Dairy Farmers of America, Inc., and Land O’Lakes, Inc. The lawsuit claimed that an effort known as Cooperatives Working Together (CWT) operated a Herd Retirement Program to reduce milk output in violation of the law.
In the new report The Yogurt Market and Yogurt Innovation, 3rd Edition, market research firm Packaged Facts estimates retail dollar sales in the U.S. yogurt industry were just shy of $9 billion in 2017.
Rabobank’s Global Dairy Top 20 2016, the latest annual Rabobank survey of the world’s largest dairy companies, highlights the giants of one of the world’s most valuable food sectors.
The New Zealand company is investing $8 million in an upgrade that will reduce the company’s dependence on lactose from overseas and deliver significant cost savings.
National Milk Producers Federation (NMPF) President and CEO Jim Mulhern told Congress the value of free trade agreements depends on whether other countries abide by them.