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US antitrust charges against former Pilgrim's Pride executives McGuire and Stiller were dismissed. They had been charged with eight others in an alleged conspiracy to fix chicken prices.
Pilgrim's Pride previously agreed in 2020 to pay a $110.5 million fine after pleading guilty to price-fixing charges.
The dismissal is a legal outcome with little immediate effect on chicken supply, demand or feed buying.
reuters.comMike ScarcellaOct 17, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
