Dairy Farmers of America (DFA) is facing court over allegations that it manipulated trading in the Chicago Mercantile Exchange (CME) Cheese Spot and Milk Futures markets to drive up the price of dairy products across the US.
The US' Commodity Futures Trading Commission (CFTC) is to
investigate allegations of cheddar cheese price rigging, said to
have occurred at one of the country's most influential commodity
trading centres, Tom Armitage reports.