# Pilgrim’s Pride Ex-CEOs Face Felony Trial Over Alleged Price-Fixing In Chicken

> Former Pilgrim's Pride executives face a felony trial over an alleged price-fixing scheme in chicken. Prosecutors say the executives kept prices paid to poultry farmers low while raising costs for grocery and restaurant buyers, with the scheme affecting Pilgrim's Pride sales by $361 million.

- Date: 2022-02-22 · published 2022-02-22T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/42843-pilgrim-s-pride-ex-ceos-face-felony-trial-over-alleged-price-fixing-in-chicken
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

The case is a legal matter with limited direct effect on supply or feed demand; any outcome could affect chicken industry pricing practices over time but is unlikely to move feed commodity prices.

## Read by commodity

- CHICKEN: neutral

## Sources

- forbes.com: https://www.forbes.com/sites/chloesorvino/2022/02/22/poultry-executives-facing-price-fixing-charges-kick-off-rare-criminal-trial/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.