# Lawsuit claims Tyson, Cargill and JBS fixed beef prices | Food Dive

> R-CALF and other ranchers filed a class action lawsuit against Tyson, Cargill, JBS USA and National Beef, alleging a conspiracy to keep fed cattle prices low. The complaint, filed in federal court in Northern Illinois, says the practices depressed cattle prices by an average of 7.9% over four years.

- Date: 2019-04-25 · published 2019-04-25T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/59555-lawsuit-claims-tyson-cargill-and-jbs-fixed-beef-prices-food-dive
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

The suit could expose the packers to damages and may change how fed cattle are priced if it succeeds. Near-term cattle prices are unlikely to move on the filing alone.

## Read by commodity

- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2022-02-16 | [The Price of Beef and the Price of Cattle \| Feedlot Special \| feedlotmagazine.com](https://feedsoft.ai/events/42825-the-price-of-beef-and-the-price-of-cattle-feedlot-special-feedlotmagazine-com.md) | +1.0% | -1.5% |
| LCATTLE | 2021-10-01 | [Biden v Big Meat: Can the US tackle rising beef prices?](https://feedsoft.ai/events/44702-biden-v-big-meat-can-the-us-tackle-rising-beef-prices.md) | +1.5% | +1.9% |
| LCATTLE | 2021-11-17 | [EU aims to curb deforestation with beef and coffee import ban \| Deforestation \| The Guardian](https://feedsoft.ai/events/44102-eu-aims-to-curb-deforestation-with-beef-and-coffee-import-ban-deforestation-the.md) | +2.0% | +4.4% |
| LCATTLE | 2021-08-06 | [Price Margins Don’t Add Up in Favor of Producers \| Calf News](https://feedsoft.ai/events/45711-price-margins-don-t-add-up-in-favor-of-producers-calf-news.md) | +1.1% | +3.1% |
| LCATTLE | 2024-04-29 | [EUDR: What food and beverage operators need to know](https://feedsoft.ai/events/30766-eudr-what-food-and-beverage-operators-need-to-know.md) | -1.8% | +1.3% |

## Sources

- fooddive.com: https://www.fooddive.com/news/lawsuit-claims-tyson-cargill-and-jbs-fixed-beef-prices/553409/

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