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Boston Market filed a federal lawsuit in Illinois alleging that major broiler producers, including Tyson, Pilgrim's Pride and Perdue, conspired to fix broiler prices from 2008 to 2017. The suit follows a June grand jury indictment of poultry executives in Denver.
The lawsuit is legal fallout from alleged price-fixing and does not change current broiler supply or demand. Its effect on feed demand is indirect and limited.
dtnpf.comTodd NeeleyJul 20, 2020Not 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.
