Appeal to delay $50M settlement to Northeast dairy farmers


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

MONTPELIER, Vt. (AP) — An appeal of a financial settlement to be paid by a national dairy marketing cooperative to thousands of Northeast dairy farmers could delay the payments for at least a year.

Earlier this month, a federal judge in Vermont approved a $50 million settlement to be paid by Dairy Farmers of America to about 8,860 farms to settle a lawsuit that accused the marketing group of trying to drive down milk prices.

Vermont Public Radio reports (http://bit.ly/29qIkb9 ) a lawyer representing one group of plaintiffs in the case says a small group of farmers are unhappy with the settlement terms and have appealed to the Second Circuit Court of Appeals.

The Vermont Agency of Agriculture says word of an appeal comes as many dairy farmers are grappling with low milk prices.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast