The largest U.S. poultry producer, Tyson Foods, said on Wednesday it would pay $221.5 million to settle antitrust litigation that accuses it of price fixing in the sale of broiler chicken meat.
Three months after a plea agreement with the government that included a $110.5 million fine, Pilgrim’s Pride, the second-largest U.S. poultry processor, said on Monday it would pay $75 million to settle a class-action lawsuit by its customers. Other price-fixing claims are pending in the …
Tyson Foods said on Wednesday that it had fired seven management employees at its hog slaughter plant in Waterloo, Iowa, following allegations that plant manager Tom Hart had organized a betting pool over how many of the plant's employees would become ill with Covid-19.
Former attorney general Eric Holder will lead an independent investigation into allegations that managers of a Tyson Foods hog plant in Waterloo, Iowa, ran a betting pool on how many employees would become ill with Covid-19, said the meat processor on Thursday.
After many months of surging cases, the number of new Covid-19 infections reported at meatpacking plants appears to have slowed. Yet with limited information from the major meatpackers on new cases at their facilities, advocates say it isn’t clear whether the trend reflects a true decline.(No paywall)
After years of failed attempts to draw attention to market concentration in the meat sector, farmers are cautiously optimistic about federal investigations into alleged antitrust violations in the chicken and beef industries. And grand jury indictments of four chicken industry executives could be a sign of more antitrust action to come, says a former attorney at the Department of Justice. (No paywall)
Two of the largest meat processors in the country, Tyson Foods and Cargill Meat Solutions, are among roughly 200 "approved suppliers" for a USDA initiative to buy surplus fresh produce, dairy products and pre-cooked chicken and pork for distribution to needy Americans. The USDA said it approved $1.2 billion in contracts for the Farmers to Families Food Box program but did not list individual awards.(No paywall)
More than two dozen workers at a Tyson Foods pork plant were stricken with Covid-19, forcing the meatpacker to suspend operations at its mammoth plant in Columbus Junction in southeastern Iowa, the No. 1 hog state. Tyson Foods announced the shut-down on Monday as the coronavirus spread further …
A new class-action lawsuit brought by two food distributors alleges that the country's top turkey companies conspired for most of the past decade to raise turkey prices. The allegations mirror those brought in recent years against beef, pork, and chicken companies, and all revolve around the use of reports on industry production and pricing made by a secretive data company called Agri Stats.(No paywall)