# U.S. indicts Pilgrim's Pride Corp CEO for alleged chicken price-fixing

> The U.S. Justice Department indicted the chief executive of Pilgrim's Pride and three other current and former poultry industry executives on charges of conspiring to fix chicken prices. The grand jury alleges price-fixing and bid-rigging for broiler chickens from at least 2012 to 2017.

- Date: 2020-06-03 · published 2020-06-03T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/52753-u-s-indicts-pilgrim-s-pride-corp-ceo-for-alleged-chicken-price-fixing
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

The case targets broiler pricing conduct in the U.S. chicken sector, which could raise legal and reputational risk for major integrators and affect contract pricing expectations, though it does not itself change current supply.

## Read by commodity

- CHICKEN: neutral

## Sources

- apnews.com: https://apnews.com/article/8fc86555dd6c262c3e56a35c0a618469
- reuters.com: https://www.reuters.com/article/business/us-indicts-pilgrims-pride-corp-ceo-for-alleged-chicken-price-fixing-idUSKBN23A2TE/

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