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Supervalu and other supermarket and restaurant chains filed new allegations that chicken producers conspired to limit supplies and inflate prices. The claims add to existing antitrust lawsuits against Tyson Foods and Pilgrim's Pride.
Antitrust litigation over broiler pricing creates legal and financial risk for major integrators but does not itself change current supply, so price impact for feed buyers is limited.
bloomberg.comJustina VasquezJul 3, 2018Not 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.
