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Walmart filed an antitrust lawsuit in Arkansas against major US poultry producers, including Pilgrim's Pride and Sanderson Farms, alleging price fixing from 2008 to 2016. The suit claims output was coordinated and wholesale chicken price indices were manipulated.
The lawsuit is a legal matter with limited direct effect on near-term supply or feed demand. It could affect future chicken pricing and industry practices.
meatpoultry.comRyan McCarthyMay 29, 2019Not 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.
