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Two grocery retailers and the two largest food distributors have filed lawsuits against Tyson Foods, Perdue, Pilgrim's Pride, Sanderson Farms and others. The suits allege a decade-long price-fixing conspiracy since 2008 aided by information-sharing software.
The litigation highlights alleged supply restraint that could keep chicken prices elevated, though the legal outcome is uncertain and does not alter near-term feed demand.
npr.orgLeah DouglasFeb 6, 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.
