Rigged: US Dairy Industry Killed 500,000 Of Its Own Cows To Keep Milk Prices High
‘Some of the biggest names in the dairy business killed more than a half million cows in an effort to keep milk prices high nationwide over the past decade.
A class-action lawsuit alleges that customers paid higher milk and dairy prices because farmers – both big and small — slaughtered more than 500,000 cattle under an agreement with the National Milk Producers Federation. The idea was to keep the supply of milk down.
In the end, the milk industry settled with the plaintiffs for $52 million.’
Read more: Rigged: US Dairy Industry Killed 500,000 Of Its Own Cows To Keep Milk Prices High
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