Got milk, get paid: Missourians may be eligible for milk rebates

2 years 5 months 7 hours ago Monday, January 23 2017 Jan 23, 2017 Monday, January 23, 2017 2:55:00 PM CST January 23, 2017 in News
By: Nora Faris, KOMU 8 Reporter
loading

COLUMBIA - If you're a Missourian and have purchased dairy products in the past 14 years, you might be eligible to collect some extra milk money.

Missouri is one of 15 states, plus the District of Columbia, where consumers are eligible for cash rebates from a class action settlement with the dairy industry.

A group of milk producer cooperatives established a $52 million fund for the consumer payouts after settling a 2011 class action lawsuit alleging price-fixing activities within the U.S. dairy industry.

The price-fixing allegations stem from cooperatives' "herd retirement" programs. Under the programs, farmers looking to leave the dairy business or scale back their operations could sell their herds for slaughter, rather than selling the animals to another dairy operation.

Larry Meineka, a farmer from Lafayette County, said he took advantage of a cooperative herd retirement program when he left the dairy business in 2005.

"It was a pretty clean way to get out of the business," Meineka said. "A lot of farmers in this part of the state took advantage of it." 

Dave Drennan, executive director of the Missouri Dairy Association, said most producers who exit the business don't return, generating a long-term effect on supply.

According to court documents, the herd retirement programs removed about half a million cows from milk production between 2003 and 2010, lowering the nation's milk output by nearly 10 billion pounds. The decrease in supply led to a corresponding price increase for milk and dairy products, generating an overall revenue increase of $9.55 billion for the domestic dairy industry.

Joe Pasch, assistant manager at the MU Foremost Dairy Research Center, said these herd retirement programs are a mechanism for balancing supply and demand. 

"To me, I don't see much difference between an auto manufacturer cutting production to lower supply and dairy farmers reducing their herds collectively," Pasch said. 

Some Missouri residents, like Mark Kinnaman, a shopper at Lucky's Market in Columbia, said they weren't aware of the rebate opportunity but might take advantage of it.

"Certainly I'm interested in it, because I drink milk. My grandsons drink milk. We probably drink five gallons of milk a week," Kinnaman said.

To collect a rebate, visit www.boughtmilk.com by Jan. 31 and fill out the online claim form. You must have purchased milk, cottage cheese, cream, cream cheese, half and half, sour cream or yogurt between 2003 and today to be eligible for the funds. The value of the individual rebates will vary depending on the number of total claims received.    

 

 

More News

Grid
List
JEFFERSON CITY - A man whose roommate was shot by an intruder says the house was just "full of blood."... More >>
1 hour ago Tuesday, June 25 2019 Jun 25, 2019 Tuesday, June 25, 2019 2:46:00 PM CDT June 25, 2019 in News
JEFFERSON CITY - Missouri is teaming up with other states and agencies as part of a new initiative to reign... More >>
2 hours ago Tuesday, June 25 2019 Jun 25, 2019 Tuesday, June 25, 2019 1:47:00 PM CDT June 25, 2019 in News
COLUMBIA - Two people were injured from a shooting in Columbia near Stephens Lake Park Tuesday morning. Around 11... More >>
3 hours ago Tuesday, June 25 2019 Jun 25, 2019 Tuesday, June 25, 2019 12:00:00 PM CDT June 25, 2019 in News
JEFFERSON CITY - The Missouri Supreme Court has set the execution date for a man found guilty of first-degree murder... More >>
4 hours ago Tuesday, June 25 2019 Jun 25, 2019 Tuesday, June 25, 2019 11:23:00 AM CDT June 25, 2019 in News
COLUMBIA - Firefighters finished cleaning out the gutters of a elderly man's house after receiving a call that the man... More >>
5 hours ago Tuesday, June 25 2019 Jun 25, 2019 Tuesday, June 25, 2019 10:08:28 AM CDT June 25, 2019 in News
COLUMBIA - Firefighters battled flames rising out of a commercial dumpster in Columbia early Tuesday morning. A dumpster on... More >>
6 hours ago Tuesday, June 25 2019 Jun 25, 2019 Tuesday, June 25, 2019 9:23:00 AM CDT June 25, 2019 in News
ST. LOUIS (AP) — A store clerk who livestreamed the aftermath of a confrontation in which a Missouri police officer... More >>
7 hours ago Tuesday, June 25 2019 Jun 25, 2019 Tuesday, June 25, 2019 8:25:00 AM CDT June 25, 2019 in News
JEFFERSON CITY, Mo. (AP) — A former state legislative aide has been sentenced to five years in prison for soliciting... More >>
7 hours ago Tuesday, June 25 2019 Jun 25, 2019 Tuesday, June 25, 2019 8:05:00 AM CDT June 25, 2019 in News
JEFFERSON CITY - Police are investigating after one man was hurt in a shooting late Monday night. Officers... More >>
12 hours ago Tuesday, June 25 2019 Jun 25, 2019 Tuesday, June 25, 2019 3:34:00 AM CDT June 25, 2019 in News
Jefferson City - The National Weather Service is projecting the Missouri River at Jefferson City to crest by mid-week. ... More >>
13 hours ago Tuesday, June 25 2019 Jun 25, 2019 Tuesday, June 25, 2019 2:26:00 AM CDT June 25, 2019 in News
BOONE COUNTY - Monday night firefighters returned to a hospitalized Boone County man's home to finish mowing his lawn. ... More >>
18 hours ago Monday, June 24 2019 Jun 24, 2019 Monday, June 24, 2019 9:49:00 PM CDT June 24, 2019 in News
OSAGE COUNTY – The Mari Osa Delta campground, along the Osage River and Missouri River Delta, has lost about 15... More >>
20 hours ago Monday, June 24 2019 Jun 24, 2019 Monday, June 24, 2019 7:10:00 PM CDT June 24, 2019 in News
COOPER COUNTY - Deputies arrested 25-year-old Jasmine Bronger Monday afternoon after an incident Monday morning at the Harriman Hill river... More >>
21 hours ago Monday, June 24 2019 Jun 24, 2019 Monday, June 24, 2019 6:39:00 PM CDT June 24, 2019 in Top Stories
COLUMBIA – Thirty-four members of the MU Health Career Institute are graduating Tuesday to help address the workforce shortage. ... More >>
23 hours ago Monday, June 24 2019 Jun 24, 2019 Monday, June 24, 2019 4:34:00 PM CDT June 24, 2019 in News
JEFFERSON CITY - Planned Parenthood can continue carrying out abortions at its St. Louis clinic through Friday, a circuit judge... More >>
23 hours ago Monday, June 24 2019 Jun 24, 2019 Monday, June 24, 2019 4:06:00 PM CDT June 24, 2019 in News
SLATER - A 35-year-old man pleaded guilty in federal court Monday to transporting a 16-year-old across state lines for illegal... More >>
1 day ago Monday, June 24 2019 Jun 24, 2019 Monday, June 24, 2019 3:26:00 PM CDT June 24, 2019 in News
COLUMBIA - Food truck vendors say their new spot in downtown Columbia is good for them and hungry customers. But... More >>
1 day ago Monday, June 24 2019 Jun 24, 2019 Monday, June 24, 2019 2:59:00 PM CDT June 24, 2019 in News
JEFFERSON CITY - Flooding cleanup kits are now available for those affected by recent natural disasters at the Cole County... More >>
1 day ago Monday, June 24 2019 Jun 24, 2019 Monday, June 24, 2019 2:58:00 PM CDT June 24, 2019 in News
Columbia, MO
Broken Clouds 87°
4pm 88°
5pm 88°
6pm 87°
7pm 84°