Agriculture Shorts

Feedstuffs reported Hagens Berman has filed a class action lawsuit against dairy cooperatives including member co-ops Agri-Mark, Bongards Creameries, Dairy Farmers of America, Mount Joy, Darigold, Prairie Farms Dairy, and others for allegedly engaging in an illegal scheme to constrain supply and artificially raise consumer prices for dairy products . . . CLAAS’s new $10 million, 44,800-square-foot research and development center in Omaha is now open. The center is part of the Omaha campus, including the company's North American headquarters, the Lexion combine assembly plant, and the Customer Experience Center . . . AgroLatum reported Nebraska farmers are facing an estimated $166 million increase in diesel expenses during the 2025-2026 growing season, according to an analysis released by Democrats on the U.S. Joint Economic Committee. The tab is estimated at $2.4 billion for American farmers in total . . . The Federal Reserve last week held the federal discount rate steady at a range of 3.75% to 4%, after raising it in September . . . Coupang Inc. announced a partnership with Omaha-based Nebraska Beef Ltd., to direct-source Nebraska beef for export to South Korea. Coupang cited South Korean demand for U.S. beef cuts, including LA-style ribs, oyster blade, and chuck eye roll as behind the initiative.

