Dairy Farmers of America (DFA) and its marketing arm Dairy Marketing Services (DMS) have agreed to pay a total of US$50m (€37m) to settle a class action lawsuit that alleged a conspiracy to drive down raw milk prices in the Northeast United States.
A dismissed antitrust lawsuit alleging a “conspiracy not to compete” between Dean Foods, Dairy Farmers of America (DFA) and National Dairy Holdings (NDH) has been reinstated by a US federal appeals court.
Dean Foods, Nestlé USA, Dannon, Saputo and Kraft Foods are among scores of US dairy processors calling on the Senate to accept a version of the 2013 Farm Bill that omits a program designed to periodically limit milk supplies.
US standards of identity for dairy have “served to limit the size of the domestic market” by protecting existing categories at the expense of new, innovative products, WhiteWave Foods chairman and CEO Gregg Engles has claimed.
US dairy giant Dean Foods plans to speed-up the efficiency-driven closure of up to 15% of its processing facilities in an effort to offset the impact of increasing market competition and its falling share of fluid milk sales in the country.
US dairy giant Dean Foods has approved the spin-off of a portion of its remaining stake in The WhiteWave Foods Company to its shareholders – a move that will leave the Dallas-based dairy processor with a minority stake in the company.