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US Foods and Sysco filed antitrust lawsuits against Tyson, Pilgrim's Pride, Sanderson Farms, Foster Farms and others, alleging coordinated cuts to breeder flocks and manipulation of broiler price indices. Tyson denied wrongdoing and said follow-on complaints are common.
The suits target supply management and price reporting in broilers; any settlement or court ruling would affect processor behavior but not immediate feed volumes.
meatpoultry.comErica ShafferJan 31, 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.
