# Pilgrim's Pride, Tyson Foods settle some chicken price-fixing litigation

> Pilgrim's Pride will pay $75 million to settle claims from direct purchasers over alleged chicken price-fixing, while Tyson's settlement amount was not disclosed. The settlements address litigation rather than production or supply conditions.

- Date: 2021-01-11 · published 2021-01-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49299-pilgrim-s-pride-tyson-foods-settle-some-chicken-price-fixing-litigation
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

The settlement is a legal matter with little direct effect on chicken supply, demand or feed usage, so it has minimal price implications for feed markets.

## Read by commodity

- CHICKEN: neutral

## Sources

- reuters.com: https://www.reuters.com/world/americas/pilgrims-pride-tyson-foods-settle-some-chicken-price-fixing-litigation-2021-01-11/

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