A federal judge in Minnesota has ruled that a handful of cow-calf producers don’t have standing to sue the country’s largest packers over a drop in fed cattle prices in …
price fixing
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JBS USA Food Company and Tyson Foods reached a combined $127.3 million settlement with a group of current and former employees who alleged in a 2022 lawsuit the companies conspired …
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JBS has agreed to pay $25 million to a group of commercial beef purchasers that accused the meat packing company of conspiring with other packers to restrict the supply of …
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Ag News StoriesLivestock NewsNews
Major Fast Food Restaurant Chains Allege Price Fixing By Packers
by Colter BrownThe nation’s largest beef packers are facing a growing number of antitrust lawsuits alleging a conspiracy to fix prices, as five more complaints were filed in a federal court in …
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The Biden administration Monday announced two new Department of Agriculture efforts to support fair and competitive meat and poultry markets. The efforts include publishing the proposed Inclusive Competition and Market …
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The nation’s largest food distributor is accusing the big 4 meat packers of fixing prices and manipulating markets. Sysco has filed a lawsuit against Cargill, JBS, Tyson and National Beef, …
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Ag News StoriesLivestock NewsNews
Senators Introduce Resolution to Investigate Anticompetitive Practices in Beef Industry
by Colter BrownOn Thursday, Senators Mike Rounds (R-SD) and Elizabeth Warren (D-MA) introduced a bipartisan resolution asking the Federal Trade Commission to investigate beef companies for potential price fixing. The resolution invokes a …
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Breaking: JBS Reaches Settlement in Beef Price-Fixing Litigation
by Colter BrownMeatpacker JBS has agreed to pay $52.5 million to settle ongoing litigation over allegations of beef price fixing. The lawsuit, that was originally filed in June of 2020, alleged that …
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A federal grand jury has indicted four executives from major poultry companies for conspiring to fix prices and rig bids for broiler chickens from 2012 to 2017. A grand jury …
