Regulators probing milk price manipulation

Monday, May 19, 2008 | 5:55 p.m. CDT; updated 6:53 a.m. CDT, Tuesday, July 22, 2008

WASHINGTON — Federal commodity regulators are investigating whether the farmer-owned dairy cooperative that controls about a third of the nation’s milk supply engaged in a price manipulation scheme, a spokeswoman for the group said Monday.

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